Change in Prime Lending Rate (PLR) and Savings Deposit Rate

September 30, 2022

We wish to inform our customers and the public at large that following the adjustment of the Key Repo Rate to 3.00%, our PLR and Savings Deposit Rate are being revised. The following interest rates will be applicable with effect from Monday 03 October 2022:

  • Prime Lending Rate (PLR): 6.20%
  • Savings Deposit Rate: 1.25%*

Interest rates on all products linked to Savings and PLR, including our MoneyTree Savings Account, will be adjusted accordingly.

For any further information or assistance, please call our Contact Centre on (230) 202 9200 or visit our website on

* Note: Annual Effective Rate of 1.256% p.a.