Fixed Deposits Interest Rates of Nigerian Banks

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Fixed Deposits Interest Rates of Nigerian Banks

Fixed Deposits Interest Rates of Nigerian Banks
April 05, 2019

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S/N NAME OF BANK Demand Deposit Savings Deposit Time Deposit
Ave. Int Rate Ave. Int Rate Ave. Int Rate
1 Access Bank 0.90 4.05 11.61
2 Citi Bank Nigeria 1.50 4.10 6.60
3 Coronation Merchant Bank – – 13.67
4 Diamond Bank 0.36 4.20 6.80
5 Ecobank Nigeria 0.01 4.05 8.86
6 FCMB 0.47 4.20 10.50
7 Fidelity Bank 3.00 4.05 12.00
8 First Bank of Nigeria 0.00 4.05 7.50
9 FBN Merchant Bank – – 9.20
10 FSDH Merchant Bank – – 9.55
11 Guaranty Trust Bank 0.47 4.20 8.18
12 Heritage Bank 0.00 4.20 13.88
13 Keystone Bank Ltd 0.41 4.20 14.04
14 Nova Merchant Bank – – 13.18
15 Providus Bank 0.00 4.20 9.05
16 Rand Merchant Bank Nig. Ltd 0.00 0.00 15.08
17 Polaris Bank – 4.20 8.48
18 Stanbic IBTC Bank 0.63 4.20 7.68
19 Standard Chartered Bank 0.00 4.22 7.24
20 Sterling Bank 0.00 4.05 10.17
21 SunTrust Bank 0.00 2.00 9.94
22 Union Bank 0.50 4.20 10.06
23 United Bank for Africa 0.02 4.20 8.15
24 Unity Bank 0.50 4.20 16.00
25 Wema Bank 1.85 4.20 8.75
26 Zenith Bank 0.47 4.05 8.63
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