Tag: Ghana Reference Rate

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Ghana Reference Rate Plunges to 11.71%, Biggest Drop in Years

Ghana's key lending benchmark has recorded its sharpest single-month decline in recent memory, falling nearly three percentage points to 11.71 percent for March 2026,...

Ghana Reference Rate Falls Further as Borrowing Costs Ease

Borrowing costs in Ghana may be on a gradual downward path after the Ghana Association of Banks (GAB) announced a further decline in the...

Bank of Ghana Projects Lending Rates Could Fall to 10 Percent by Late 2026

The Bank of Ghana (BoG) expects lending rates in the country could drop to around 10 percent by the end of 2026, earlier than...

Lending Rates Could Hit 10 Percent Target

Borrowing costs could fall to approximately 10 percent by the end of 2026, earlier than initially projected, as improving macroeconomic conditions create room for...

Bank Lending Rates Fall Slower Than Benchmark Despite Sharp Policy Rate Cuts

Ghana's benchmark interest rate has fallen sharply in 2025, but new Bank of Ghana data shows lending rates have not declined at the same...

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