Malawi Deposit Rate: Commercial Banks
Commercial Banks: Avg Savings Deposits Rate
1980 - 2024 | Monthly | % pa | Reserve Bank of Malawi
Commercial Banks: Avg Savings Deposits Rate data was reported at 4.270 % pa in Oct 2024. This stayed constant from the previous number of 4.270 % pa for Sep 2024. Commercial Banks: Avg Savings Deposits Rate data is updated monthly, averaging 10.250 % pa from Jan 1980 (Median) to Oct 2024, with 538 observations. The data reached an all-time high of 45.000 % pa in Jul 1995 and a record low of 3.250 % pa in Dec 1990. Commercial Banks: Avg Savings Deposits Rate data remains active status in CEIC and is reported by Reserve Bank of Malawi. The data is categorized under Global Database’s Malawi – Table MW.M002: Deposit Rate: Commercial Banks.
| Last | Frequency | Range |
|---|---|---|
| 4.270 Oct 2024 | monthly | Jan 1980 - Oct 2024 |