Tag: Interest Rate
Ghana Reference Rate Falls to 10.06% for April from 11.71%
Ghana’s reference rate fell to 10.06% in April from 11.71% in March,…
BoG Directive on Expanded Credit Reporting Means Banks Can No Longer ‘Lazy Out’; Borrower Risk Profiles Must Shape Interest Rates
Bank of Ghana expands credit reporting, meaning banks can no longer “lazy…
Strong Demand for T-Bills Granting Gov’t the ‘Luxury’ to Push Down Interest Rate – Analyst Says
Ghana’s Treasury bill auction recorded a 170% oversubscription, enabling government to slash…
Bureaucracy, Trust Issues & High Interest: The 3 Factors Why Loans are a Put-Off for Many in Ghana
Despite improving macroeconomic indicators, most Ghanaians avoid loans due to bureaucratic processes,…
Falling Interest Rates to Further Squeeze Ghanaian Banks’ Profitability
Falling inflation and an 18% MPR are set to compress Ghanaian banks’…
Oil Holds Near Two-Week High as Geopolitical Risks Support Market
Oil prices held near a two-week high on geopolitical worries in Venezuela…
Borrow or Wait? GRR Seen Dropping Further After Policy Rate Cut
Ghana’s rapid monetary easing has pushed the Ghana Reference Rate toward 18%,…
Interest Rates Fall Sharply as Private Sector Credit Begins to Recover – BoG says
Interest rates in Ghana have fallen sharply, boosting private-sector credit, with lending…
Borrowing in Ghana: What You Pay Beyond the Interest Rate
Bank of Ghana data shows lending fees vary widely: retail facility 0–2.5%,…
ISSER Calls for Clear Framework for Interest Rate Determination in Ghana’s Digital Credit Market
ISSER’s Prof. Peter Quartey has urged regulators to create a transparent, data-driven…
GRR Drops to 17.86% After Policy Rate Cut: Respite for Businesses as Lending Rates Set to Ease – But Will it Last?
Ghana’s policy rate cut has lowered the Ghana Reference Rate to 17.86%,…
IFIC 2025: Call for Banks to Design Inclusive Products for Excluded Groups
Banks and financial institutions have been urged to design inclusive products for…