CBN: Savings Account Holders To Get 30% Interest Annually

CBN: Savings Account Holders To Get 30% Interest Annually

Commercial banks operating in the country as from May 1, 2017 are to pay their customers a minimum of 30 per cent per annum on savings account deposit. According to the Central Bank of Nigeria (CBN), the 30 per cent interest rate is not applicable if a customer makes more than four withdrawals in a...

Source: CBN: Savings Account Holders To Get 30% Interest Annually