Average lending rate ends 2023 at 33.75% – BoG
Average lending rate closed 2023 higher at 33.75% per annum, according to data from the Bank of Ghana.
This equivalent to 2.81%…
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Lending rates
Average lending rates shoot up marginally to 36.64% – BoG
Average lending rates shot up marginally to 36.64% in February 2023, from 35.58% recorded in December 2022, data from the Bank of…
Average lending rates increase sharply to 35.58% in December 2022
Average lending rates shot up sharply to 35.58% in December 2022, from 33.87% recorded in November 2022, data from the Bank of…
Ghana maintains highest interest, lending rates position in Africa
Ghana maintained its highest interest rates, lending rates position among some top African countries, tracked by Pan African bank,…
Banks to take time to cut lending rates
Despite the policy rate of the Bank of Ghana going down by one percentage points, it would take time for banks to cut their…
Ghana: Lending rates begin to fall
…as BoG cuts key interest rate to support economic rebound
Lending rates demanded by commercial banks in Ghana are now being cut…