This results were based on the annual percentage rates (APR) and Average Interest (AI) which Bank Of Ghana Released. This report shows that Sovereign Bank offers a 19.5 percent interest rate on deposits this was as at january 2017 followed by Capital Bank with 18.7 percent.
Stanbic Bank, OmniBank, Unibank, First National Bank followed as third, fourth and fifth with 16.8, 15.8 and 14.1 percent respectively.
GN Bank occupied the sixth position with 14.0 percent; followed by First Atlantic Bank with 13.7 percent.
The eighth, ninth and tenth positions were occupied by Access Bank, UT Bank and Fidelity bank with 13.6, 13.3 and 13 percent respectively.
UBA, Bank of Baroda and Barclays Bank placed 11th, 12th and 13th with interest rates of 12.9, 12.7 and 12.4 percent respectively.