Interest rates of banks in Ghana

The table below shows the various interest rates commercial banks pay on deposits or charge on loans. Published by the Bank of Ghana, these are updated rates as of 30th September, 2017. To download the full file in PDF, click on this link: Banks APR and Average Interest Rates on Deposits -September 2017.


Average interest rate on deposits is the average interest paid by banks on deposits over the period.

Base rate reflects the minimum interest rate that can be charged on loans and advances.

APR (annual percentage rate) is the true interest rate financial institutions charge the public on loans and advances. It indicates the true cost of borrowings and includes charges and commissions levied by banks.

banks interest rates

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