Bank of England Base Rate Change - On Thursday 15th December 2022 the Bank of England Base Rate increased from 3.00% to 3.50%

15 Dec 2022

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Dear Customers,

On Thursday 15th December 2022 the Bank of England Base Rate increased from 3.00% to 3.50%, In view of this we request all our customers to please note that the interest rate on all Bank of Baroda (UK) Limited loan products linked to the Base Rate will increase by 0.75% w.e.f. 15th December 2022.

For more information please contact your account maintaining branch.

Kind Regards

Team Bank of Baroda (UK) Limited

About Bank of Baroda

It has been a long and eventful journey of almost a century across 25 countries. Starting in 1908 from a small building in Baroda to its new hi-rise and hi-tech Baroda Corporate Centre in Mumbai, is a saga of vision, enterprise, financial prudence and corporate governance.

It is a story scripted in corporate wisdom and social pride. It is a story crafted in private capital, princely patronage and state ownership. It is a story of ordinary bankers and their extraordinary contribution in the ascent of Bank of Baroda to the formidable heights of corporate glory. It is a story that needs to be shared with all those millions of people - customers, stakeholders, employees & the public at large - who in ample measure, have contributed to the making of an institution.

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