Banking interest rates in ghana
Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these Ghana - Interest Rate. Bank of Ghana stands pat in January despite slowing economic growth and easing inflation. On 31 January, the Monetary Policy Description, Interest (% pa), Effective Date. 1, Ghana Reference Rate, 16.13 (+ Margin), 02nd Jan, 2020. 2, Savings, 0.25- 3.00, 02nd Jan, 2020. 3, Call, 0 - 7 Attractive Interest Rates. Standard Chartered's Fixed Deposit Account provides you with access to attractive interest rates. Flexible Tenures. Deposits can CalBank Supersave Account Deposit Rates effective 19th March 2020 FlexiSave interest rates shall apply on withdrawals before 6 years. Starting balance is Indicative Government of Ghana Security Rates - Secondary Market. Indicative
Weekly Interest Rates. Reverse Repo Rates One Thorpe Road P. O. Box GP 2674 Accra, Ghana bogsecretary@bog.gov.gh +233 30-2666174 – 6.
Historical Policy Rate Decisions; Policy Rate Trends; News Highlights; Press Releases; Monetary Policy Reports; Markets. Treasury Bill Rates; Bank of Ghana Bill Rates; Daily Interbank FX Rates; Interbank Interest Rates. Daily Interest Rates; Weekly Interest Rates; Reverse Repo Rates; Depo Rates; US DOLLAR Daily Forex Interbank Rates Here is the current ️ treasury bill rate in Ghana according to the Bank of Ghana 🇬🇭. You can use an interest rate calculator to know your profit. There are 3 month, 6 month, and 1 year treasury bill. This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Historical Policy Rate Decisions; Policy Rate Trends; News Highlights; Press Releases; Monetary Policy Reports; Markets. Treasury Bill Rates; Bank of Ghana Bill Rates; Daily Interbank FX Rates; Interbank Interest Rates. Daily Interest Rates; Weekly Interest Rates; Reverse Repo Rates; Depo Rates; US DOLLAR Daily Forex Interbank Rates Information which is provided here is according to the Annual Percentage Rates (APR) and Average Interest (AI) released by the Bank of Ghana. The report indicated that Sovereign Bank offers a 19.5 percent interest rate on deposits. This is higher than the industry average of 11.9 percent as at the end of January 2017. Deposit Interest Rate in Ghana decreased to 13.17 percent in the first quarter of 2016 from 13.22 percent in the fourth quarter of 2015. Deposit Interest Rate in Ghana averaged 17.24 percent from 1978 until 2016, reaching an all time high of 36.02 percent in the fourth quarter of 1997 and a record low of 7.58 percent in the fourth quarter of 2006.
Information which is provided here is according to the Annual Percentage Rates (APR) and Average Interest (AI) released by the Bank of Ghana. The report indicated that Sovereign Bank offers a 19.5 percent interest rate on deposits. This is higher than the industry average of 11.9 percent as at the end of January 2017.
Description, Interest (% pa), Effective Date. 1, Ghana Reference Rate, 16.13 (+ Margin), 02nd Jan, 2020. 2, Savings, 0.25- 3.00, 02nd Jan, 2020. 3, Call, 0 - 7 Attractive Interest Rates. Standard Chartered's Fixed Deposit Account provides you with access to attractive interest rates. Flexible Tenures. Deposits can CalBank Supersave Account Deposit Rates effective 19th March 2020 FlexiSave interest rates shall apply on withdrawals before 6 years. Starting balance is Indicative Government of Ghana Security Rates - Secondary Market. Indicative Jan 31, 2020 Ghana's central bank held its benchmark interest rate for a sixth consecutive meeting, continuing to support the cedi even as inflation came in Graph and download economic data for Bank Lending Deposit Spread for loans to the private sector and deposit interest rate is the rate offered by commercial
Deposit Interest Rate in Ghana decreased to 13.17 percent in the first quarter of 2016 from 13.22 percent in the fourth quarter of 2015. Deposit Interest Rate in Ghana averaged 17.24 percent from 1978 until 2016, reaching an all time high of 36.02 percent in the fourth quarter of 1997 and a record low of 7.58 percent in the fourth quarter of 2006.
Dec 11, 2019 For agriculture, NIB and Republic Bank offered the highest interest rate of 34.8% and 33.5 – 34.2% respectively, while NIB, again, and CAL Bank A Fixed Deposit is an investment account where money is deposited for a fixed period and the interest rate does not change. It offers higher interest rates than Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these Ghana - Interest Rate. Bank of Ghana stands pat in January despite slowing economic growth and easing inflation. On 31 January, the Monetary Policy
Jan 31, 2020 Ghana's central bank held its benchmark interest rate for a sixth consecutive meeting, continuing to support the cedi even as inflation came in
Information which is provided here is according to the Annual Percentage Rates (APR) and Average Interest (AI) released by the Bank of Ghana. The report indicated that Sovereign Bank offers a 19.5 percent interest rate on deposits. This is higher than the industry average of 11.9 percent as at the end of January 2017. Deposit Interest Rate in Ghana decreased to 13.17 percent in the first quarter of 2016 from 13.22 percent in the fourth quarter of 2015. Deposit Interest Rate in Ghana averaged 17.24 percent from 1978 until 2016, reaching an all time high of 36.02 percent in the fourth quarter of 1997 and a record low of 7.58 percent in the fourth quarter of 2006. Highest Rates by Term (Click term to filter results) 2 Year Rate 9.40%; 1 Year Rate 8.90%; 6 Month Rate 8.30%; 3 Month Rate 8.20%; 1 Month Rate 6.20% Ghana: Bank of Ghana holds key policy rate stable in July July 19, 2019. On 19 July, the Monetary Policy Committee (MPC) of the Bank of Ghana (BOG) kept its key policy rate unchanged at a five-year low of 16.00%.
May 23, 2018 The Bank of Ghana cut interest rates by 100 basis points on May 21 as risks to the domestic inflation outlook dissipated. Members of the central effects on the average bank lending rate in Ghana. KEYWORDS. Ghana; interest rate; ARDL; commercial banks; monetary policy; fiscal policy. 1. Introduction. Mar 27, 2017 Snip snip. Ghana's central bank has cut its main policy rate by 200 basis points this month after the west African economy saw a drop in Compare interest rates for liquid and fixed deposit products from major banks in Ghana. Find the highest equivalent term deposit, time deposit, certificate of This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Compare interest rates for liquid and fixed deposit products from major banks in Ghana. Find the highest equivalent term deposit, time deposit, certificate of deposit and cd rates in Ghana, Africa and around the world The Bank of Ghana held its benchmark interest rate at 16% during its September meeting, as widely expected, saying that economic growth remains strong and the medium-term outlook is positive, amid expectations of higher production in the oil and gas and mining sectors.