Banks to Adjust Lending Rates Upward as GRR Edges Up for November 2025
Ghana’s banking sector lending rate is set to witness adjustment as the Ghana Reference Rate…
1 week ago
lending rates
Goldbod Massive Exports Driving Ghana’s Economic Stability – CEO
The Chief Executive Officer of the Ghana Gold Board (Goldbod), Sammy Gyamfi, has credited Ghana’s…
2 months ago
Don’t Expect Cheaper Loans Despite BoG’s Rate Cut- Economist Dampens Hopes
The Bank of Ghana’s (BoG) bold 300 basis point reduction in the policy rate —…
3 months ago
Bank of Ghana Reports Decline in Lending Rates, Impact on Borrowers and Banks
The Bank of Ghana has reported a continued decline in average lending rates, with the…
11 months ago
Average Lending Rates Inch Up to 33.75%- Implications for Borrowers and Businesses
As of the end of December 2023, the average lending rates on loans extended to…
2 years ago
Consumer Price Index Inflationary Rate Declines Marginally To 53.6% In January 2023
Data from the Ghana Statistical Service (GSS) has disclosed a marginal fall of the Consumer…
3 years ago
Banks Expect Lending Rates To Remain Broadly Unchanged in H1 2022 – BoG
The Bank of Ghana (BoG) has revealed that Ghanaian Banks do not expect lending rates…
4 years ago
Play it Safe By Holding Policy Rate At Its Current Level, IEA Urges BoG
The Institute of Economic Affairs (IEA) has urged the Monetary Policy Committee (MPC) of the…
4 years ago
UMB Leads Banks With Lowest Lending Rates to SMEs in 2021- BoG Report
A new report by the Bank of Ghana has named Universal Merchant Bank (UMB) and…
4 years ago
Policy Rate Increment May Help Curtail Inflation But Lending Rates May Go Up – Prof. Quartey
Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey, has…
4 years ago
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