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Topic: CBN: Savings Account Holders To Get 30% Interest Annually  (Read 1354 times)

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CBN: Savings Account Holders To Get 30% Interest Annually
« on: April 26, 2017, 01:03:14 PM »
CBN: Savings Account Holders To Get 30% Interest Annually

Commercial banks operating in the country as from May 1, 2017 are to pay their customers a minimum of 30 per cent per annum on savings account deposit. According to the Central Bank of Nigeria (CBN), the 30 per cent interest rate is not applicable if a customer makes more than four withdrawals in a...

Source: CBN: Savings Account Holders To Get 30% Interest Annually
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