BoG maintains policy rate at 30%
The Central Bank has maintained its monetary policy rate at 30%.
Policy rate hikes by the Central Bank since November last year…
Browsing Tag
lending rate
Average lending rate rises to 31.78% at end-August 2023
Average rates on loans given to individuals and businesses by banks in the country stand at 31.78% at end-August 2023.
This is…
MPC to meet on Jan. 24
The Monetary Policy Committee (MPC) of the Bank of Ghana will hold its 110th Regular Meetings from Tuesday, January 24, 2023 to…
Cost of credit falls marginally, as average lending rate pegged at 20.51% –…
Despite concerns that the cost of loans is very high, average lending rate fell by 0.11% from June 2021 to 20.51% in August 2021.…
CalBank has lowest average lending rate in Ghana – BoG
As average lending rates across Universal Banks continue to drop in the country, albeit marginally, some banks appear to have far…