Communiqué

Repo Rate Adjustment

April 24, 2020

Following the adjustment of the Repo Rate to 1.85% on 16 April 2020, our Prime Lending Rate (PLR) and Savings Deposit Rate are being revised. The following interest rates will be applicable with effect from Wednesday 29 April 2020:

  • Prime Lending Rate (PLR): 5.05%
  • Savings Deposit Rate: 0.45%*

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 www.bankone.mu.

* Note: Annual Effective Rate of 0.451% p.a.

Bank One Limited is licensed and regulated by the Bank of Mauritius.