Tag: Lending Rates
Falling Indicators, But Stubborn Loan Cost: Dr. Atuahene Proposes Strategies to Lower High Lending Rate
Dr. Richmond Atuahene says lowering Ghana’s lending rates requires banks to align…
How High NPLs, Reserve Rules, & Others are Keeping Lending Rates High Despite Low Policy Rate & GRR
Despite Ghana’s low inflation, policy rate, and GRR, lending rates remain high…
Will Falling Lending Rates Spur Borrowing for Consumption or Production?
Ghana faces a delicate balance as falling inflation, lower lending costs, and…
T-Bill Yields Climb Amid 32% Undersubscription: A Mixed Signal for Investors and Businesses
T-bill rates rose amid 32% undersubscription, offering investors higher returns but threatening…
BoG Governor Urges Banks to Prioritise Productive Lending Over Government Securities
BoG Governor Johnson Asiama urges banks to shift from government securities to…
BoG’s Bold Rate Cut Unlikely to Significantly Lower Lending Rates – Economist Cautions
Despite the Bank of Ghana’s 300-basis-point rate cut to 25%, economist Prof.…
Importers and Exporters Demand Urgent Cut in Lending Rates Amid Falling Inflation
Importers and exporters are calling on government and the Bank of Ghana…
BoG to Reform Ghana Reference Rate in Bid to Cut Lending Rates to 10%
The Bank of Ghana plans to reform the Ghana Reference Rate to…
Ghana’s Lending Rates Drop to 30.45% in October
Ghana's average lending rates fell to 30.45% in October 2024 from 32.69%…
Ghana’s Sub Region Highest Lending Rate Inimical to Private Sector Growth – ISSER Report Bemoans
High lending rates in Ghana hinder private sector growth, limiting SME potential…
Mortgage Rates Edge Down Slightly to 30.79% for Households, Firms
Ghana’s mortgage rates slightly decreased to 30.79%, offering marginal relief for borrowers…