Higher Borrowing Costs Loom After GRR Surge

July 9, 2026

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, ...

Government Accepts GH¢9.98 Billion in Oversubscribed T-Bill Sale

Government Raises GH¢5.8bn from Primary Market Despite Rising Rates

by Maynard Champion

June 8, 2026

The Government of Ghana has recorded a significant turnaround in its treasury bills auction, exceeding its fundraising target despite a sharp rise in borrowing costs. The latest auction results released ...

Banks Pocket GH¢4.6bn Despite Profitability Decline

Relief for Borrowers as Ghana Reference Rate Falls Again, Signaling Lower Interest Rates

by Maynard Champion

January 8, 2026

Borrowers across Ghana may experience modest relief in the cost of credit following a fresh decline in the Ghana Reference Rate for January 2026. Data from the Ghana Association of ...

Banks to Adjust Lending Rates Upward as GRR Edges Up for November 2025

by Maynard Champion

November 6, 2025

Ghana’s banking sector lending rate is set to witness adjustment as the Ghana Reference Rate (GRR), a key benchmark for determining lending rates, inched up slightly to 17.93% for November ...