Revision of Interest Rates on deposits
| SAVING DEPOSIT – PER ANNUM | |||
| Duration | Afs | USD | |
|---|---|---|---|
| – | 3% p.a | 1% p.a | |
| FIXED DEPOSIT – PER ANNUM | |||
| – | ANNUALLY | ||
|---|---|---|---|
| Duration | Afs | USD | |
| 1 to < 3 Months | 3.00% | 1.50% | |
| 3 to < 6 Months | 3.25% | 2.75% | |
| 6 to < 12 Months | 3.50% | 2.75% | |
| 1 to < 2 Years | 4.00% | 3.00% | |
| 2 to < 3 Years | 4.25% | 3.25% | |
| 3 up to 5 Years | 4.75% | 3.75% | |
| More than 5 Years | 5.5% | 4.5% | |
Minimum Balance Requirement:
The Minimum Balance Required to qualify for Entitlement of the
above interest rates is as follow:
| Nature of Deposit | Afs | USD |
|---|---|---|
| Fixed Deposit Account | 100,000 | 5,000 |
| Saving Accountt | 2,000 | 100 |
