Westpac Interest Rates (updated 5.10.08)

Schedule of interest rates released by Westpac Fiji are as follows:

• Business Lending Rate - 9.99%;
• Residential Property Loan : Variable Rate – 9.50%, 1 year Fixed Rate – 7.50%;
• Investment Loan : Variable Rate - 9.50%, 1 year Fixed Rate - 7.50%;
• Retail Term Deposits: 6 to less than 9 months - 1.25%, 9 months to less than 1 year - 1.75%, 1 year to less than 1.5 Years - 1.75%, 1.5 years to less than 2 Years - 2.00%, 2 years to less than 3 Years - 3.00%.

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