Tag: Credit Access
Browse our exclusive articles!
Rate Cut Alone Won’t Drive Ghana’s Growth, Warns IMANI Think Tank
Ghana's recent central bank rate cut offers limited economic relief without addressing deeper structural challenges, policy think tank IMANI Africa cautioned in a new...
Ghana Businesses Told to Polish Books as Lending Gates Open
Ghana’s central bank is turning up the heat on commercial lenders to boost credit flow to businesses, but firms must tidy their financial records...
SMEs Find Foreign Banks Cheaper for Loans, But Local Lenders Win on 3-Year Deals
Ghanaian small businesses hunting for affordable credit face a complex choice: foreign-owned banks offer marginally lower rates overall, but local rivals win on key...
Young Ghanaian Entrepreneurs Slam “Stifling” Loan Rates Despite Bank Variations
Ghana's young business founders face crushing credit costs that threaten expansion and competitiveness, industry leaders warn, despite significant differences in lending rates across banks.
New...
Ghana Central Bank Cuts Rates, Urges Lending Surge
The Bank of Ghana has slashed its benchmark interest rate by 3 percentage points to 25%, urging commercial banks to ramp up lending as...
