Updates

Fixed Deposit Rates

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Fixed Deposits Interest Rates of Nigerian Banks
January 18, 2019

S/N	NAME OF BANK	Demand Deposit	Savings Deposit	Time Deposit
S/N	NAME OF BANK	Ave. Int Rate	Ave. Int Rate	Ave. Int Rate
1	Access Bank	0.12	4.20	11.51
2	Citi Bank Nigeria	1.50	4.20	6.40
3	Coronation Merchant Bank	–	–	13.17
4	Diamond Bank	0.36	4.20	6.29
5	Ecobank Nigeria	0.01	4.20	7.50
6	FCMB	0.49	4.20	11.50
7	Fidelity Bank	3.00	4.20	12.00
8	First Bank of Nigeria	0.00	4.20	7.50
9	FBN Merchant Bank	–	–	9.20
10	FSDH Merchant Bank	–	–	10.74
11	Guaranty Trust Bank	1.18	4.20	7.77
12	Heritage Bank	0.00	4.20	13.88
13	Keystone Bank Ltd	0.43	4.20	13.25
14	Nova Merchant Bank	–	–	12.08
15	Providus Bank	0.00	4.20	9.05
16	Rand Merchant Bank Nig. Ltd	5.00	0.00	14.77
17	Polaris Bank	–	4.20	8.48
18	Stanbic IBTC Bank	0.65	4.20	8.13
19	Standard Chartered Bank	0.00	4.22	8.01
20	Sterling Bank	0.00	4.20	10.17
21	SunTrust Bank	0.00	2.00	9.94
22	Union Bank	0.50	4.20	10.24
23	United Bank for Africa	0.02	4.20	8.22
24	Unity Bank	0.50	4.20	16.00
25	Wema Bank	1.65	4.20	8.81
26	Zenith Bank	0.40	4.20	8.47