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  Interest Rates - Business Banking

    

PRESS RELEASE
Fiji Acquisition
14/12/06

BSP Launches Business Internet Banking 31/08/06

NEW Electronic Banking Terms & Conditions 01/09/06

 

 

Lending Rates
Indicator Lending Rate (ILR) 8.95% pa*
Premium Funding Competitive rates on application
Leasing 10.50% to 13.50% pa
Business Asset Loan 10.50% pa*
Commercial Property Investment Loan 9.45% to 11.45% pa
Economy Enhancer Loan 8.95% pa
*Margin may apply to determine actual percentage rate charged on the relevant loan.

Deposit rates
Business Management Account (BMA) K250,000 & over 0.30% pa
K100,000 < K250,000 0.20% pa
K50,000 < K100,000 0.15% pa
Less than K50,000 0.10% pa
Term Deposits K500 < K100,000
Minimum Term Conditions Applicable
K500 – K5,000 6 months
K5,001 – K10,000 3 months
K10,001 – K99,999 1 month (30 days)

 

 1 month < 2 months
0.25% pa
2 months < 3 months
0.30% pa
3 months < 6 months
0.35% pa
6 months < 9 months
0.50% pa
9 months < 12 months
0.65% pa
12 months & over
0.75% pa
Monthly Income Term Deposits
K5,000 < K100,000		 6 months to 11 months
0.60% pa
12 months to 24 months
0.75% pa
Term Deposits K100,000 and over

Competitive rates available on application at your nearest branch or telephone (675) 322 9917.

All rates current as at 1 June 2007.

>>>Click here for Personal Banking rates

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