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Financials > Deposit & Risk Asset Interest Rates
| Deposit & Risk Asset Interest Rates |
Wema Bank Bank plc
Schedule of Deposit and Risk Asset Interest Rates As At 28th June, 2010
|
| SECTOR |
PRIME RATE |
MAX RATE |
| Agriculture |
18.00% |
22.00% |
| Minng/Quarrying |
18.00% |
22.00% |
| Oil & Gas |
18.00% |
22.00% |
| Manufacturing |
18.00% |
22.00% |
| Real Estate & Construction |
18.00% |
22.00% |
| General Commerce |
18.00% |
23.00% |
| Mortgage |
18.00% |
22.00% |
| Transport & Communication |
18.00% |
23.00% |
| Financial Institutions |
18.00% |
22.00% |
| Government |
18.00% |
22.00% |
| Deposit Type |
Average Interest Rate |
| Demand Deposit |
1.00% |
| Savings Deposit |
2.30% |
| Time Deposit |
2.66% |
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