Ranking of Banks Interest Rates in Ghana

Ranking of All Banks Interest Rates in Ghana from Lowest Rates to Highest for Different Years of Tenor

Interest Rates in Ghana: The Annualized Percentage Rates (APR) reflects the true cost of a loan that economic agents are confronted with when they go through an approval process to secure a loan facility. It comprises the Ghana Reference Rate, bank specific risk-premia and other bank-specific charges.

This document has been compiled based on Information provided to the Bank of Ghana by the Banks

The APRs reported in this table are indicative. A typical customer of a bank may be faced with an actual APR different from these indicative APRs, depending on the bank’s assessment of the borrower’s specific circumstance

We have provided the various actual interest rates on our YouTube channel here. We have, however, provided here only the raw rankings without attaching the various rates charges by the banks. Visit our YouTube channel for the interest rates charges by the banks.

1 Year Tenor of Facility: Ranking of APRs for Banks’ Loans to Households from Lowest Rates to Highest

1. GCB Bank PLC
2. Standard Chartered Bank Ghana Limited
3. Republic Bank Ghana PLC
4. Societe General Ghana PLC
5. OmniBSIC Bank Ghana Limited
6. Access Bank Ghana PLC
7. Ecobank Ghana Limited
8. Consolidated Bank Ghana Limited
9. Zenith Bank Ghana Limited
10. Absa Bank Ghana Limited
11. Guaranty Trust Bank Ghana Limited
12. Calbank PLC
13. Fidelity Bank Ghana Limited
14. FBN Bank Ghana Limited
15. Agricultural Development Bank Limited
16. Prudential Bank Limited
17. National Investment Bank Limited
18. First National Bank Ghana Limited
19. First Atlantic Bank Limited
20. Universal Merchant Bank Limited
21. United Bank for Africa Limited
22. Stanbic Bank Ghana Limited
23. Bank of Africa Ghana Limited

3 Year Tenor of Facility: Ranking of APRs for Banks’ Loans to Households from Lowest Rates to Highest

1. GCB Bank Ghana Limited
2. Standard Chartered Bank Limited
3. Republic Bank Ghana PLC
4. Fidelity Bank Ghana Limited
5. Societe General Ghana PLC
6. OmniBSIC Bank Ghana Limited
7. Access Bank Ghana PLC
8. Guaranty Trust Bank Limited
9. Absa Bank Ghana Limited
10. Consolidated Bank Ghana Limited
11. Zenith Bank Ghana Limited
12. Ecobank Ghana Limited
13. First Atlantic Bank Limited
14. Calbank PLC
15. Agricultural Development Bank Ghana
16. Universal Merchant Bank Limited
17. Prudential Bank Limited
18. National Investment Bank Limited
19. United Bank for Africa Games Limited
20. Stanbic Bank Ghana Limited
21. Bank of Africa Ghana Limited
22. First National Bank Limited
23. FBN BANK Ghana Limited