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Interest Rate as of March 24, 2009 - Bank of America

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Note Interest payment conditions The indicated interest rate is calculated and paid only on the portion of the balance that exceeds THB 5 152 500. Withdrawal before maturity - no deposit interest rate will be paid* For Financial Institutions Fund Managements and Insurance Companies the deposit interest rate up to 0. 5 p*a* lower than the announced rate is applied* Applicable for client who use full package of cash management and/or global relationship with the bank. - if tenor of deposit is ...

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What was the lowest stock price of Bank of America in 2009?

The 2008 financial crisis had a devastating impact on Bank of America . Shares of the bank were trading for as low as $2.53 in 2009 and net income dropped from a high of $21 billion in 2006, to just $4 billion in 2008.

What is the prime rate for Bank of America in March 2023?

2023 prime rate history DateRateJuly 27, 20238.50%May 4, 20238.25%March 23, 20238.00%February 2, 20237.75%

What was prime rate in 2008?

Historical Prime Rate Effective DateRate4/30/20085.00%3/18/20085.25%1/30/20086.00%1/22/20086.50%6 more rows

What is the average prime rate in history?

Bank Lending Rate in the United States averaged 6.51 percent from 1950 until 2023, docHubing an all time high of 20.50 percent in August of 1981 and a record low of 2.00 percent in February of 1950.

What was the highest prime rate in history?

What was the highest prime rate? The highest prime rate was 21.5%, docHubed on December 19, 1980.

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How low did interest rates go in 2008?

Summary: Historical mortgage rate trends Year30-year fixed-rate average20086.23%20076.40%20066.47%20055.93%48 more rows Jul 20, 2023

What was the prime rate in 2009?

In an effort to combat this rapid deterioration, the Fed began slashing its target rate, driving the prime rate down to 3.25% in 2009.

What was Bank of America stock price in 2009?

Bank of America shares traded for less than $10 for most of the first half of 2009 and even dipped back below $5 in late 2011. In short, there were plenty of opportunities for long-term investors in this era.

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What was the lowest stock price of Bank of America in 2009?

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