Colonial National Bank Interest Rates (Updated 1.4.08)

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

• Business Banking Base Rate - 9.70%;
• Residential Property Loan : Variable Rate - 10.00%, 1 Year Fixed Rate - 8.00%;
• Investment Loan : Variable Rate - 10.00%, 1 Year Fixed Rate - 8.00%;
• Retail Term Deposits : 9 months - 2.00%, 1 year - 2.00%, 1.5 Years - 2.00%, 2 Years - 2.00%, 3 Years - 2.00%.

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