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Communiqué

2020

21 Mar. 2020

Revision of Interest Rates

Following the decrease of the Key Repo Rate by 0.5%, we wish to inform our customers and the public that, effective 20 March 2020, our interest rates are as follows:

 

  • Prime Lending Rate: 5.4 % per annum
  • Savings Rate: 1.15% per annum

 

The interest rate on our Spinnaker Savings Account* remains at 0.50% above the Bank’s Savings Rate.

 

For more information, please contact us on (230) 208 5500 or email us at afrasia@afrasiabank.com.

 

*Terms and conditions apply.