Corporate Loan Interest Rates: What Banks Are Charging Institutions

Corporate loans – bank interest rates – loan charges – The Annualised Percentage Rates (APRs) for banks’ loans to households, SMEs, and corporates show that the Agricultural Development Bank offers the highest interest rates for corporate institutions as of the end of June 2025.

According to the Bank of Ghana, the APR reflects the true cost of a loan that economic agents face when going through the approval process to secure a facility.

It comprises the Ghana Reference Rate, bank-specific risk premia, and other bank-specific charges. The APRs are reported for one-year, three-year, and five-year loan terms.

However, the Bank of Ghana noted, “A typical customer of a bank may be faced with an actual APR different from these indicative APRs, depending on the bank’s assessment of the borrower’s specific circumstances.”

The indicative rates range from 33.43% for one-year loans and 35% for five-year loans, to as low as 23% for one-year loans and 23.99% for five-year loans.

Meanwhile, below are some banks and their interest rates on one-year loans, ranked from highest to lowest:

SSD/MA

Source: www.ghanaweb.com

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