Colonial National Bank Interest Rates (Updated 1.5.07)

Schedule of interest rates released by Colonial National Bank are as follows :

• Business Banking Base Rate - 11.95%;
• Residential Property Loan : Variable Rate - 12.25%, 1 Year Fixed Rate - 10.40%, 1.5 Years Fixed Interest Rate - 11.00%;
• Investment Loan : Variable Rate - 12.25%, 1 Year Fixed Rate - 10.40%, 1.5 Years Fixed Interest Rate - 11.00%;
• Retail Term Deposits : 9 months - 4.75%, 1 year - 5.00%, 1.5 Years - 4.00%, 2 Years - 4.50%, 3 Years - 4.50%.

Interest rates are on a per annum basis and may be varied by the bank without prior notice.