Tag: lending rates Ghana

The Bank of Ghana’s (BoG) strategy to protect the banking sector from rising credit risks has received strong commendation as declining interest rates fuel expectations of a major expansion in ...

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, ...

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 ...

Ghana’s financial sector is set for a significant shift as the Ghana Reference Rate (GRR), a key benchmark used by commercial banks to price loans, dropped sharply to 15.9% in ...

Ghana’s banking sector has found itself back in the spotlight as the Bank of Ghana moves to significantly cut down the level of non performing loans, aiming for a 10 ...

The Bank of Ghana (BoG) has triggered a new wave of economic debate after slashing its benchmark policy rate by 350 basis points from 25 percent to 21.5 percent. The ...