Access Bank, Others Send Messages to Customers on New Interest Rate on Savings Following CBN’s Hike
Nigerian banks have announced a new interest rate on savings accounts In an email to its customers, Access Bank said it is increasing the interest rate on all its savings accounts to 5.40% per annum Other banks, such as Zenith Bank, FCMB, First Bank, and Fidelity Bank, also announced the new interest rate
Following the Central Bank of Nigeria’s (CBN) hike of the Monetary Policy Rate (MPR), Nigerian banks have announced new interest rates on savings accounts. One of Nigeria’s leading financial institutions, Access Bank, announced in an email to customers that it will reflect the new CBN interest rate on savings accounts "effective immediately." Commercial Banks in Nigeria adjust the interest rate on savings accounts. Source: Getty Images Other banks announce new interest rate Also, Zenith Bank, First Bank, FCMB, and Fidelity Bank, among others, announced a new interest rate on savings accounts.
Post a Comment