Money and Banking On Saint Helena
The Currency Commissioners, part of the government of Saint Helena, issue the island's banknotes and coins. Bank of St Helena is the island's only bank and the island does not have a central bank. The bank sets its own deposit and lending rates. As at May 2011 the ordinary savings rate is 2% and the normal personal lending rate is 7%.
Read more about this topic: Bank Of St. Helena
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