Finance Trust Bank. The bank becomes the latest commercial bank to reduce Lending rates following the call by the Central Bank to commercial banks to offer concessions to clients. Courtesy photo
Finance Trust Bank (FTB) has become the 3rd commercial bank to reduce its Prime Lending Rate, revising it to a significant 21 percent from 22 percent per annum up effective 7th September 2020. According to FTB, this rate shall apply to new loans only. In a public notice, the bank noted; ‘’This is to inform you that effective 7th September 2020, our Prime Lending Rate will reduce to 21% p

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