*
INTEREST RATES CHARGED BY INDUSTRIAL BANK *
     
TABLE 24/15       24/15
Producer & Professional Cooperatives public sector private sector
1- Discounts 1-
Industrial Bills 7.00 7.50 9.00
Commercial Bills 7.00 8.00 9.00
2- Loans & advances   2-
Short term 7.25 7.50 10.00
Medium & longterm 7.50 8.00 9.50
3- overdrawn current accounts 9.00 9.00 11.00 3-
* Effective January / 3/ 1993     * 3 1993