Average Nigerian Bank Interest Rates for May 2009

In: CBN|News

12 Jun 2009

Here are the average interest rates for Nigerian banks:

CBN- May 2009 Loan Rates (313)

S/N Bank Av. Int. Rate
1 Access Bank 14.53
2 Afribank Nigeria 15.00
3 Bank PHB 9.77
4 Citibank Nigeria 8.00
5 Diamond Bank 13.15
6 Ecobank 15.00
7 Equitorial Trust Bank 14.00
8 FCMB 11.50
9 Fidelity Bank 10.62
10 First Bank 3.00-14.75
11 Intercontinental Bank 11.68
12 First Inland Bank 14.75
13 GT Bank 13.50
14 Oceanic bank 2.50-15.00
15 Skye Bank 2.00-15.00
16 Spring Bank 12.40
17 Stanbic IBTC 10.25-15.00
18 Standard Chartered 5.58
19 Sterling Bank 10.62
20 Union Bank 2.00-15.00
21 UBA 4.38
22 Unity Bank 4.00-15.00
23 Wema Bank 15.22
24 Zenith Bank 2.00-15.00

3 Responses to Average Nigerian Bank Interest Rates for May 2009

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Japhet Aniefiok

February 7th, 2012 at 4:37 pm

I am to know what is the current savings intersest rate and the rate at which loans are given and also fixed deposit interest per annum.

Thanks.

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Japhet Aniefiok

February 7th, 2012 at 4:43 pm

I wish to know also the reason behind interest rate fluctuation

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Ejir Emurotu

April 26th, 2012 at 10:27 am

pls i’d like to know what the current rates on lendind deposits and fixed accounts are,better if they could be sent to my mail box.
Thanks a lot

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