Ghana Interest Rates

The Ghanaian economy with a population of 24.2 Million (Est 2010 - ghana.gov.gh) ranks 81st in the world with a GDP PPP of 64.584 billion and GDP PPP per capita of 3,081 vs 48,147 (United States) according to the IMF in 2011 . Its central bank, the Bank of Ghana (bog.gov.gh) promotes the stablisation of the value of the currency outside Ghana and within through its implementation of monetary policy. The currency is the Ghanaian Cedi (GHS). Fixed term horizon saving products denominated in Cedi provided by banks in Ghana are called fixed deposits. According to CIA.gov its inflation was 8.8% in 2011 and 10.7% in 2010.

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Ghana Banks

Showing rates for 6 Bank deposit providers in Ghana.
Bank Branch Founded Ownership
ADB ADB 78 1965 Local
Standard Chartered Bank Ghana Standard Chartered Bank Ghana 27 1890s Foreign
UT Bank Ghana UT Bank Ghana 26 1997 Local
UBA Ghana UBA Ghana 24 2005 Foreign
Stanbic Bank Ghana Stanbic Bank Ghana 23 1999 Foreign
CAL Bank CAL Bank 19 1990 Local

Ghana Discussion Activity

  • Deposits
    Q: interested in buying fixed deposits. what are the rates available now please?

    Richard from Horsham, United Kingdom
  • UBA Ghana
    Q: I received this email a of days ago (Alish Hssan Sep 13 (3 days ago) to me Hello my dearest One, I'm happy to inform you about my Favor in getting the fund transferred to a Swiss Account with the help of a new partner from china who is an international businessman. Presently I'm in china for investment projects, Meanwhile I did not forget your past efforts and attempts to assist me in transferring the funds despite that it failed us some how. I'm very much glad to inform you that I left ATM VISA CARD on your name that contains ( $ 350,000 USD ) (Two Hundred Thousand U.S. Dollars ) for you I am giving you this money because of your past efforts and attempts to assist me,however i will like you to Feel free and contact United Bank of Africa (U.B.A) Dakar Senegal email : ( united_bank_for_africa_uba@accountant.com ) contact U.B.A bank for the ATM VISA CARD. Tell the bank to send the ATM VISA CARD to you through DHL delivery Service, I kept this ( $ 350,000 USD ) for your past efforts and attempt to assist me in the matter of transfer those days ago.I appreciated your efforts at that time very much. So feel free and get in touched with the United Bank of Africa (U.B.A) Dakar Senegal, with the card you can withdraw the money from any bank there in your country or any where in the world. At this moment, I am very busy here because of the investment projects with my new partner. Finally, remember that I had forwarded instructions to the (U.B.A) bank on your behalf for you to receive that money on the ATM VISA CARD. Take care yourself and remain bless. Your good friend Alisha .)You can tell the truth this is real or fake ?

    Salwain khushi from Pakistan
  • ADB - Deposits - ADB 6 Month Fixed Deposit
    Q: i have deposited 2000 cedis for six months,what should be my interest?

    Michael from Accra, Ghana