Tag: Ghana Reference Rate
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Private Sector Credit Growth Returns to Positive Territory
Ghana's banking sector is showing clear signs of recovery as private sector credit growth has surged into positive territory after months of contraction, according...
Ghana’s Lending Costs Plunge as Reference Rate Hits Lowest Level in Years
Ghana's lending landscape has undergone a dramatic transformation, with the Ghana Reference Rate (GRR) dropping to 17.86 percent in October 2025, marking its lowest...
Lending Rates Set to Drop as Ghana Reference Rate Hits 17.86%
Ghana's benchmark lending rate fell to 17.86% in October from 19.86% in September, offering businesses and households their first meaningful relief from borrowing costs...
Ghana Banks to Lower Lending Rates as Key Benchmark Falls Below 20%
Commercial banks in Ghana will reduce lending costs for borrowers following a sharp decline in the Ghana Reference Rate (GRR), offering potential relief to...
Ghana’s Lending Rates Lag Sharply Behind Falling Benchmark
Ghana's key lending benchmark, the Ghana Reference Rate (GRR), has fallen significantly by approximately 33% since January 2025, declining from 29.72% to 19.67% by...
