Bank of St Helena is committed to providing its customers with accessible, affordable and appropriate financing for their personal ventures. We offer a range of financing options.
Customers applying for a personal or commercial loan for the purpose of agricultural activities will receive a lower interest rate:
Bank of St Helena defines agriculture activity as the science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products.
All interest rates are variable and can change without notice. The rate of interest on your loan will depend on:
Repayments are debited automatically each month from your nominated Bank of St Helena current account. You must ensure that the account has sufficient funds each month to cover your monthly repayment. Repayments can only be made from the nominated current account with Bank of St Helena and no other account.
Bank of St Helena will consider shorter repayment periods at the customer’s request; based upon calculated affordable repayments. Applicants should also note that repayments must be made before completion of full time employment.
When you apply for a loan you will be asked to provide information about your income and expenditure. All information supplied will be held in strictest confidence. Please note that by applying for a loan, you authorise the Bank to take whatever steps it considers necessary to satisfy itself as to your creditworthiness.