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

  • ADB
    Q: Hello Sir please i open saving account with ADB and am having GH 2000+ in my account but I don't receive any commission from them but rather they always deduct something from my account and I want to find out what is the cause? Thank you

    Richmond from Ghana
  • UT Bank Ghana
    Q: Please I want to know the interest rate on savings account

    Ebenezer Hanson from Accra, Ghana
  • ADB
    Q: How can I get to buy some of your shares?

    Yussif from Accra, Ghana