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Interest Rates On Deposits And Loans

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Unit Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Discount Rate % 2.00 2.00 2.00 2.00 3.00
Interbank Rate % 0.00 0.00 0.00 0.00 0.00
Demand Deposits: Min. NC % 0.00 0.00 0.00 0.00 0.00
Demand Deposits: Max. NC % 5.00 5.00 5.00 5.00 5.00
Savings Deps.: Minimum  NC % 2.00 2.00 2.00 2.00 0.00
Savings Deps.: Maximum NC % 5.00 5.00 5.00 5.00 3.50
Time Deposits: 3-Month Min. NC % 0.00 0.00 0.00 0.00 0.10
Time Deposits: 3-Month Max. NC % 6.00 6.00 6.00 6.00 2.00
Time Deposits: 6-Month Min. NC % 0.01 0.01 0.01 0.01 0.10
Time Deposits: 6-Month Max.  NC % 6.50 6.50 6.50 6.50 2.50
Time Deposits: 12 Month Min. NC % 0.01 0.01 0.01 0.01 0.00
Time Deposits: 12 Month Max. NC % 4.25 4.25 4.25 4.25 4.25
Banks Prime Loan Rate: Min. % 4.50 4.50 4.50 4.50 4.50
Banks Prime Loan Rate: Max. % 15.00 15.00 15.00 15.00 15.00
Residential Mortgages Rates: Min. % 2.00 2.00 2.00 2.00 2.00
Residential Mortgages Rates: Max. % 14.00 14.00 14.00 14.00 14.00
Commercial Mortgages Rates: Min. % 3.50 3.50 3.50 3.50 4.15
Commercial Mortgages Rates: Max. % 16.50 15.50 15.50 16.50 16.50
Other Lending Rates: Min. % 2.00 2.00 2.00 2.00 2.00
Other Lending Rates: Max. % 25.00 25.00 25.00 25.00 25.00
Nominal Interest Rates: Min. % 7.00 7.00 7.00 7.00 7.00
Nominal Interest Rates: Max. % 13.00 13.00 13.00 13.00 13.00
Effective Interest Rates: Min. % 11.26 11.26 11.26 11.26 11.26
Effective Interest Rates: Max. % 25.00 25.00 25.00 25.00 25.00
Other Rates, Range: Min. % 2.00 2.00 2.00 2.00 2.00
Other Rates, Range: Max. % 25.00 25.00 25.00 25.00 25.00
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ECCB@40 Commemorative Magazine