CUSTOMER SERVICE
These are the interest rates banks charge the public on loans and advances. It reflects the cost of borrowings and includes all charges and commissions levied by banks. The publication of these rates is to promote transparency in the pricing and provision of banking services. These rate are also available on the Central Bank of Nigeria website.
CBN RATES
UBA Average Interest Rate on Demand Deposits  :   0.83%
UBA Average Interest Rate on Saving Deposits    :    2.31%
UBA Average Interest Rate on Time Deposits       :  12.94%
    

LENDING RATES
  Prime Max
Agriculture 8% 22%
Mining and Quarrying 21% 22%
Oil and Gas 15.5% 22%
Manufacturing 15.5% 22%
Real Estate and Construction 15.5% 22%
General Commerce 21% 22%
Mortgage 15.5% 22%
Transport and Communication 15.5% 22%
Financial and Insurance 15.5% 22%
Government 21% 22%

 

UBA FOREIGN EXCHANGE RATES
United Bank of Africa exchange rates are nominal quotations — not buying or selling rates — and are intended for statistical or analytical purposes. Rates available from financial institutions will differ. Rates are expressed in Nigerian Naira.
Currency UBA Buys UBA Sells
USD / NGN 150.35 150.85
GBP / NGN 220.37 230.30
ZAR / NGN 19.58 20.75
EUR / NGN 200.97 206.93