Bank lending and interest rates – December 2017

Banks Average Interest on Deposits (%) Base Rate (%)
Access Bank 9.8 25.8
ADB Bank 6.2 22.9
Bank of Africa 16.1 26.3
Bank of Baroda 14.8 15.8
BSIC 11.4 27.3
Barclays Bank 12.4 18.1
CAL Bank 8.8 27.2
Ecobank 10.6 25.9
Energy Bank 6.4 27.6
First Atlantic Bank 9 25.2
FBN Bank Ghana 10.3 27.6
Fidelity Bank 9.6 21
First National Bank 11.4 21.5
GCB Bank 10 24.3
GN Bank 13.3 22.8
Guaranty Trust Bank 7.3 24.8
Heritage Bank 8.3 30.2
HFC Bank 8.4 28.5
National Investment Bank 11.4 29.5
OmniBank 14.9 28.9
Premium Bank 13.5 34.2
Prudential Bank 9 25.9
Sovereign bank 11.1 32.7
Standard Chartered Bank 5.4 18
Societe Generale Bank 9.2 19.4
Stanbic bank 8.5 18.4
The Royal Bank 9.6 33.6
United Bank for Africa 11.5 27.9
Universal Merchant Bank 8 26.2
Unibank 13.8 33.7
Zenith Bank 11.9 25.9
INDUSTRY AVERAGE 10.4 25.7

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