Tag: lending rates

The interest rate at which banks lend to each other, that is the interbank lending, is more expensive in African markets than in matured markets. A well-functioning interbank market provides ...

The interest rate at which banks lend to individuals and the private sector has eased significantly to 21.3 percent by the end of October 2020 from 24 percent in October 2019, indicating a year-on-year decline of approximately 2.7 percent. ...

The interest rate at which banks lend to individuals and the private sector declined marginally between August 2019 and August 2020, according to latest data by the Bank of Ghana. ...