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Ghana Reference Rate (as used in the Bank of Ghana APR report, May 2026): 10.03%
Published by the Bank of Ghana · May 2026
Showing Ghana banks. 1 of 4 on this screen.
Shareable link: /compare?providers=60&segment=households&tenor=1%20year
| Attribute | Universal Merchant Bank Ghana LTD Ghana · Banks |
|---|---|
| Account opening | Open account on Universal Merchant Bank Ghana LTD's website (opens in new tab) Individual account link. You'll leave Afiwe. Afiwe doesn't open accounts or receive your details. Account-opening page. Checked 22 Oct 2026 · Official account-link source (opens in new tab). |
| Rates | |
| Average lending rate · households · 1 year | 17.97% p.a. Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / averageLending · As at May 2026 Source and date
|
| Average APR · households · 1 year | 22.22% p.a. Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / apr · As at May 2026 Source and date
|
| Minimums and fees | |
| Maximum commitment fee · households · 1 year | Not applicable (N/A) Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / commitmentFee · As at May 2026 Source and date
|
| Maximum processing fee · households · 1 year | 2.00% Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / processingFee · As at May 2026 Source and date
|
| Maximum arrangement fee · households · 1 year | Not applicable (N/A) Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / arrangementFee · As at May 2026 Source and date
|
| Maximum insurance fee · households · 1 year | Not applicable (N/A) Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / insuranceFee · As at May 2026 Source and date
|
| Maximum facility fee · households · 1 year | 2.00% Published by the Bank of Ghana · May 2026; row: Table 1, row 22: Universal Merchant Bank Limited / facilityFee · As at May 2026 Source and date
|
| Provider-level fees and minimums | See provider's website |
| Named products listed on Afiwe | Current Account Savings SME Account Current Account · Source checked 23 Oct 2026 (+1 more) Source and date
|
| Eligibility | |
| Institution type | Universal bank Official regulator register · Source checked 21 Oct 2026 Source and date
|
| Account holders on listed products | Individual Business Current Account · Source checked 23 Oct 2026 (+1 more) Source and date
|
| Licence and regulator | |
| Regulator | Bank of Ghana (BoG) Official regulator register · Source checked 21 Oct 2026 Source and date
|
| Regulator register entries | See provider's website |
| Last checked | 21 Oct 2026 Official regulator register · Source checked 21 Oct 2026 Source and date
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Check provider for latest rates. Figures are as stated and may be out of date. Column order is the order you chose, not a ranking.