Tag: commercial banks Ghana

Businesses and individuals seeking loans may soon have to prepare for higher borrowing costs after the Ghana Reference Rate (GRR) recorded its first increase in months.  The benchmark lending rate, ...

Ghana's credit market witnessed an extraordinary expansion in 2025 as banks led a remarkable increase in secured lending, pushing the total value of loans backed by collateral to an unprecedented ...

Borrowers across Ghana may soon enjoy some relief as the Ghana Reference Rate, the benchmark used by banks to price loans, dropped again in May 2026.  The rate edged down ...

Borrowers across Ghana could soon experience one of the most significant reductions in lending rates in recent years as the Ghana Reference Rate drops sharply to 11.71 percent for March ...