|
The bank accepts deposits from
high net-worthy individuals
and non-individuals at competitive
interest rates. The deposits
may be denominated in Tanzanian
Shillings (TZS), US Dollar
(USD), Great Britain Sterling
Pound (GBP), Danish Kroner
(DKK) or EURO. The Bank offers
fixed deposits - at a fixed
period of time, and call deposit
account facilities in the
currencies stated above and
invests the funds prudently
to ensure that its corporate
customers get the needed returns
on their investments. Below
are our current indicative
interest rates.
Preavailling
Interests Rates
as on
2 June 2008
|
|
Currency |
Deposit
Type |
Interes
Rates Offered |
Minimum
Balance |
|
Tshs
|
7 Days
|
0.50%
|
up to shs.99mn
|
|
Tshs
|
14 Days
|
0.75%
|
up to shs.99mn
|
|
Tshs
|
21 Days
|
1.00%
|
up to shs.99mn
|
|
Tshs
|
30 Days
|
1.50%
|
up to shs.99mn
|
|
Tshs
|
7 Days
|
1.50%
|
Shs. 100 mn and above
|
|
Tshs
|
14 Days
|
1.75%
|
Shs. 100 mn and above
|
|
Tshs
|
21 Days
|
1.85%
|
Shs. 100 mn and above
|
|
Tshs
|
30 Days
|
2.00%
|
Shs. 100 mn and above
|
|
Tshs
|
3 months Fixed Deposit
|
2.50%
|
Shs. 100 mn and above
|
|
Tshs
|
3 months Fixed Deposit
|
2.75%
|
100 up to TZS 499mn
|
|
Tshs
|
3 months Fixed Deposit
|
2.85%
|
500 up to TZS 999mn
|
|
Tshs
|
3 months Fixed Deposit
|
3.00%
|
1000mn plus
|
|
Tshs
|
6 months Fixed Deposit
|
3.50%
|
100 up to TZS 499mn
|
|
Tshs
|
6 months Fixed Deposit
|
3.75%
|
500 up to TZS 999mn
|
|
Tshs
|
6 months Fixed Deposit
|
4.00%
|
1000mn plus
|
|
Tshs
|
9 months Fixed Deposit
|
4.50%
|
100 up to TZS 499mn
|
|
Tshs
|
9 months Fixed Deposit
|
4.75%
|
500 up to TZS 999mn
|
|
Tshs
|
12 months Fixed Deposit
|
5.00%
|
Up to TZS 99mn
|
|
Tshs
|
9 months Fixed Deposit
|
5.00%
|
1000mn plus
|
|
Tshs
|
12 months Fixed Deposit
|
5.50%
|
100 up to TZS 499mn
|
|
Tshs
|
12 months Fixed Deposit
|
5.75%
|
500 up to TZS 999mn
|
|
Tshs
|
12 months Fixed Deposit
|
6.00%
|
1000 mn plus
|
|
Tshs
|
24 Months Fixed Deposit
|
7.00%
|
1000 mn plus
|
|
USD
|
1 month Fixed Deposit
|
0.75%
|
Minimum 4,999
|
|
USD
|
3 months Fixed Deposit
|
1.00%
|
Minimum 4,999
|
|
USD
|
6 months Fixed Deposit
|
1.25%
|
Minimum 4,999
|
|
USD
|
12 months Fixed Deposit
|
1.50%
|
Minimum 4,999
|
|
EUR
|
1 month Fixed Deposit
|
1.25%
|
Minimum 4,999
|
|
EUR
|
3 months Fixed Deposit
|
1.50%
|
Minimum 4,999
|
|
EUR
|
6 months Fixed Deposit
|
1.75%
|
Minimum 4,999
|
|
EUR
|
12 months Fixed Deposit
|
2.00%
|
Minimum 4,999
|
|
GBP
|
1 month Fixed Deposit
|
1.75%
|
Minimum 4,999
|
|
GBP
|
3 months Fixed Deposit
|
2.25%
|
Minimum 4,999
|
|
GBP
|
6 months Fixed Deposit
|
2.75%
|
Minimum 4,999
|
|
GBP
|
12 months Fixed Deposit
|
3.00%
|
Minimum 4,999
|
|
Call
Deposits - Minimum
TZS 100,00.00 |
|
Tshs
|
14 Days
|
0.75
% |
below 100mn
|
|
Tshs
|
14 Days
|
1.75
% |
100mn and above
|
|
Tshs
|
21 Days
|
1.00
% |
below 100mn
|
|
Tshs
|
21 Days
|
1.85
% |
100mn and above
|
|
Tshs
|
7 Days
|
0.50
% |
bellow 100mn
|
|
Tshs
|
7 Days
|
1.50
% |
100mn and above
|
|
|
