Interest Rates

Type of Loan
Rate Charged (%)
Focus Sector Loans less than $50,000
Agriculture (incl forestry & fishing)
8.55 – 12.05
Mining & Quarrying
8.55 – 12.05
Manufacturing
8.55 – 12.05
SME Loans in:
– Wholesale, Retail, Hotels & Restaurants
– Transport, Communications & Storage
– Professional & Business Services
8.55 – 12.05
Loans > $50,001 and <$200,000
Loans>$200,001 to $500,000
8.50 – 12.00
8.45 – 11.85
Loans > $500,000
7.95 – 11.50

Northern Division – Agriculture:

– Small farmers ( first $200,000)
– Large scale farmers ( over $200,001)
– All other focus sector loans less than $50,000

 

8.50 – 12.05
8.45 – 11.85
8.55 – 12.05
New investors (other then agriculture)
8.45 – 11.70
Export Credit Facility
4.00
Import Substitution and Export Finance Facility
5.00

*Interest rates are as at 1st May 2017.