Nigeria Business & Finance Updates

Fixed Deposit Rates

Fixed Deposits Interest Rates of Nigerian Banks
January 18, 2019

S/N NAME OF BANK Demand Deposit Savings Deposit Time Deposit
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