National Bank of Malawi plc advises that following the recent change in the Policy rate, its Base lending rate has been adjusted downwards to 13.9% from 14.9%. Accordingly, the Bank’s maximum lending rate has been adjusted downwards to 24.9% from 25.9%. The specific interest rate applicable to individual borrowers will continue to depend on each customers’ risk profile and the type of the Lending product.
The Bank’s deposit interest rates will be as follows:
Savings Deposit Rates
Notice Deposit Rates