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CDH clarifies position on defunct Capital Bank debt

CDH Savings and Loans, a subsidiary of CDH Investment Holdings, has stated that it does not owe the defunct Capital Bank to the tune of GH¢110million for which it has been sued: instead, the defunct bank owes it GH¢14.6million.

 

“CDH Savings and Loans would like to clarify to the general public and our cherished clients that we do not owe Capital Bank,” a statement from the financial institution said.

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AMOUNTS            TENOR AND APPLICABLE RATE

 

                                                    30 DAY     60 DAY     91 DAY    182 DAY     212 DAY     270 DAY    365 DAY

                                                    Deposit     Deposit     Deposit    Deposit      Deposit       Deposit       Deposit

 

GHC 1,000 - GHC 100,000         16.00%     17.00%     23.00%     24.00%     24.50%       24.75%       25.00%

GHC 100,001 - GHC 500,000     16.00%     17.00%     23.50%     24.50%     25.00%       25.25%       25.50%

GHC 500,000  - GHC 1,000,000 17.00%     18.00%     24.00%     25.00%     25.50%       25.75%       26.00%

Above GHC 1,000,000               17.00%     18.00%     24.50%     25.50%     26.00%       26.25%       26.50%

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