Which bank has the highest interest rate for fixed deposit in ghana

12 Apr 2018 Yen.com.gh News ☛ With the challenging economic times, every In the 1990's, the banks in Ghana experienced a surge in the number of deposits which Right now, Ghanaian banks have some of the highest lending rates  Fixed Deposit. Fixed period + interest rate. Deposit a sum of money for a fixed period of time at a fixed rate of interest. The investment period ranges from as little  ADB 2 Year Fixed Deposit. The interest rate indicated is for a deposit balance above 500,000.00 to 999,999.99 for this 2 year/24month term. Deposit balances below this balance tier may have other rates applicable.

Created with Highcharts 8.0.4 Percentage Average Commercial Banks Lending Rate Average Savings Deposits Average Time Deposits Rate 3-Month JAN  25 Jun 2017 182-days or a year. Most non-bank financial institutions also use the size of the deposit to determine the interest rate they offer you. The minimum amount usually accepted for fixed deposits is GH¢2,000 and the shortest maturity period is usually 91 days. Usually higher returns than treasury bills. Description, Interest (% pa), Effective Date. 1, Ghana Reference Rate, 16.13 (+ Margin), 02nd Jan, 2020 Fixed Deposits (week ending March 20, 2020)  Deposit Interest Rate in Ghana decreased to 13.17 percent in the first quarter of 2016 from 13.22 percent in the Actual, Previous, Highest, Lowest, Dates, Unit, Frequency The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. Gross Fixed Capital Formation. 12 Apr 2018 Yen.com.gh News ☛ With the challenging economic times, every In the 1990's, the banks in Ghana experienced a surge in the number of deposits which Right now, Ghanaian banks have some of the highest lending rates  Fixed Deposit. Fixed period + interest rate. Deposit a sum of money for a fixed period of time at a fixed rate of interest. The investment period ranges from as little  ADB 2 Year Fixed Deposit. The interest rate indicated is for a deposit balance above 500,000.00 to 999,999.99 for this 2 year/24month term. Deposit balances below this balance tier may have other rates applicable.

Fixed Deposit (FD) The FD account is suitable for firms or individuals who want to save for a specific period of time with maturity ranging from 1 to 12 months and over. Interest on this type of deposit is competitive, negotiable and calculated on daily basis. Deposits could be used as lien/security to guarantee a loan facility from the Bank.

Fixed Deposits . Fix your money in the GTBank Fixed Deposit Account and relax knowing that your return is guaranteed. Features & Benefits. A Fixed/Tenured Deposit is a tenured investment account with a specific amount invested at an agreed interest rate and tenure. At the end of the agreed period (tenure), and based on your instructions, the Fixed Deposit (FD) The FD account is suitable for firms or individuals who want to save for a specific period of time with maturity ranging from 1 to 12 months and over. Interest on this type of deposit is competitive, negotiable and calculated on daily basis. Deposits could be used as lien/security to guarantee a loan facility from the Bank. 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. the difference between the purchase price and the amount repaid at maturity is the interest paid to investors. Fixed Deposit vs Treasury Bills. Complete List Of Best Insurance Its good interest rates all year round make it among the best investment banks in Ghana. This is among the best banks to save in as it guarantees growth and security of funds. Fidelity Bank. The headquarters of this bank is Accra located at the ridge towers. It is among the 27 licensed banks in Ghana and has amazing interest rates. The interest rate for the Ghanaian bank branches stands at 23.56%. The Stanbic Bank Ghana – this bank has maintained the status as one of the top commercial banks in Ghana when it comes to assets. At Stanbic bank, the interest rate of the Ghanaian branch stands at 28.50%. Even though FD interest rates are revised on regular basis, the interest committed by the bank at the time of creation of the deposit will be honored by the bank. With liquidity, loan option, and income tax saving potential, fixed deposits should get space in your investment portfolio.

25 Jun 2017 182-days or a year. Most non-bank financial institutions also use the size of the deposit to determine the interest rate they offer you. The minimum amount usually accepted for fixed deposits is GH¢2,000 and the shortest maturity period is usually 91 days. Usually higher returns than treasury bills.

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  11 Dec 2019 Here are the banks in Ghana with the best interest rates, according to commitment fee, income foregone on mandatory security deposits, etc.

Fixed Deposit (FD) The FD account is suitable for firms or individuals who want to save for a specific period of time with maturity ranging from 1 to 12 months and over. Interest on this type of deposit is competitive, negotiable and calculated on daily basis. Deposits could be used as lien/security to guarantee a loan facility from the 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 ordinary savings accounts and is ideal if you want to save for a specific goal, like a wedding or a holiday. Guide to investing in fixed deposits in Ghana Fixed deposits are investments that get less attention than government securities, equities or mutual funds but there is no reason why this should be so. Also known as term deposits, fixed deposits are simply offers by banks and other financial institutions to pay you a fixed interest rate if you As to interest rates you get very little on foreign currency accounts and generally have to pay fees to keep the money in the account except in Ecobank. For cedi deposits I get 6% on my fixed deposit accounts but the best interest is on Treasury Bills -22%+on my 90 day bills 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. The rate of interest is negotiable depending on the amount being invested. The minimum invested amount is GH¢1000 and may be deposited for one month, three months, six months or longer. The Fixed Deposit Certificates could be used as collateral for a loan from the Bank.

25 Jun 2017 182-days or a year. Most non-bank financial institutions also use the size of the deposit to determine the interest rate they offer you. The minimum amount usually accepted for fixed deposits is GH¢2,000 and the shortest maturity period is usually 91 days. Usually higher returns than treasury bills.

12 Apr 2018 Yen.com.gh News ☛ With the challenging economic times, every In the 1990's, the banks in Ghana experienced a surge in the number of deposits which Right now, Ghanaian banks have some of the highest lending rates  Fixed Deposit. Fixed period + interest rate. Deposit a sum of money for a fixed period of time at a fixed rate of interest. The investment period ranges from as little  ADB 2 Year Fixed Deposit. The interest rate indicated is for a deposit balance above 500,000.00 to 999,999.99 for this 2 year/24month term. Deposit balances below this balance tier may have other rates applicable. 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 Ghana Cedi Fixed Deposits. Simple, effective and 100% safe, the Standard Chartered Ghana Cedi Fixed Deposit is a high-yield, no risk account that helps you grow your money. We give you complete peace of mind while helping you maximise growth potential through attractive interest rates. Attractive interest rates; Book a deposit with as little as 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 ordinary savings accounts and is ideal if you want to save for a specific goal, like a wedding or a holiday.

Description, Interest (% pa), Effective Date. 1, Ghana Reference Rate, 16.13 (+ Margin), 02nd Jan, 2020 Fixed Deposits (week ending March 20, 2020)  Deposit Interest Rate in Ghana decreased to 13.17 percent in the first quarter of 2016 from 13.22 percent in the Actual, Previous, Highest, Lowest, Dates, Unit, Frequency The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. Gross Fixed Capital Formation. 12 Apr 2018 Yen.com.gh News ☛ With the challenging economic times, every In the 1990's, the banks in Ghana experienced a surge in the number of deposits which Right now, Ghanaian banks have some of the highest lending rates  Fixed Deposit. Fixed period + interest rate. Deposit a sum of money for a fixed period of time at a fixed rate of interest. The investment period ranges from as little  ADB 2 Year Fixed Deposit. The interest rate indicated is for a deposit balance above 500,000.00 to 999,999.99 for this 2 year/24month term. Deposit balances below this balance tier may have other rates applicable. 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