How much does Universal Merchant Bank produce?

Universal Merchant Bank output is 34.53 %.

Universal Merchant Bank

Universal Merchant Bank BoG licensed

Universal Merchant Bank average lending rate = 26.47% APR

Universal Merchant Bank reports this in the Bank of Ghana Annual Percentage Rate release, Jun 2025. On a typical household loan the APR is about 34.53%.

What Universal Merchant Bank charges to borrow (APR)

Household

34.53%

Personal and consumer loans

SME

25.99%

Small and medium businesses

Corporate

23.49%

Large companies

Average lending rate 26.47%. That is 2.67 points above the Ghana Reference Rate, the benchmark all banks price loans from.

APR (Annual Percentage Rate) is the all-in yearly cost of a loan including fees, so it is the fair way to compare banks. Figures are the Bank of Ghana APR release, Jun 2025.

Universal Merchant Bank profile

Bank of Ghana status: Licensed universal bank, reporting in the Bank of Ghana APR release

Frequently asked

What interest rate does Universal Merchant Bank charge on a loan?

Universal Merchant Bank reports an average lending rate of 26.47% APR in the Bank of Ghana APR release (Jun 2025). On a household loan the APR is about 34.53%.

Is Universal Merchant Bank licensed in Ghana?

Universal Merchant Bank is a licensed universal bank, reporting in the Bank of Ghana APR release.

Sources

Bank of Ghana Jun 2025

Every figure on this page is dated and drawn from a named public source. Data changes over time; check the source for the latest.

Snapshot

34.53 %

Household loan APR (1yr)

25.99 %

SME loan APR (1yr)

23.49 %

Corporate loan APR (1yr)

Key facts

Household loan APR (1yr)	34.53 %
SME loan APR (1yr)	25.99 %
Corporate loan APR (1yr)	23.49 %
Average lending rate	26.47 %
Spread over GRR	2.67 %
BoG licence status	Licensed universal bank, reporting in the Bank of Ghana APR release