Banks to Drop Lending Rates as Ghana Reference Rate Plunges to 11.71%
Commercial banks are expected to reduce lending rates in the coming days…
Banks expected to begin lending rate cuts this week
…as BoG cuts benchmark rate by 300 basis points Last week, the…
Lending rates to fall from August 6, 2025 – Ghana Association of Banks CEO
The Chief Executive of the Ghana Association of Banks (GAB), John Awuah,…
Monetary Policy Committee of BoG cuts policy rate to 25%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has…
High lending rate a concern as importers and exporters push for immediate reduction
Importers and exporters are urging Finance Minister Dr. Cassiel Ato Forson to…
BoG maintains policy rate at 30%
The Central Bank has maintained its monetary policy rate at 30%. Policy…
Average lending rate rises to 31.78% at end-August 2023
Average rates on loans given to individuals and businesses by banks in…
Cost of credit falls marginally, as average lending rate pegged at 20.51% – BoG
Despite concerns that the cost of loans is very high, average lending…
CalBank has lowest average lending rate in Ghana – BoG
As average lending rates across Universal Banks continue to drop in the…