Tag: lending rates
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Ghana Reference Rate Eases To 10.02% In June
Ghana's Reference Rate edged down to 10.02 percent for June from 10.03 percent in May, pointing to broadly stable conditions in the benchmark banks...
Ghana’s Rate Cuts Yet to Reach Business Borrowers
Ghana's central bank says commercial banks need more time to pass on sharply falling interest rates to businesses, citing balance sheet adjustment and elevated...
Six Reforms That Could Turn Ghana’s 10% Interest Rate Dream Into Reality
When Bank of Ghana (BoG) Governor Dr. Johnson Pandit Asiama told the Kwahu Business Forum that his daily ambition is to bring interest rates...
Cheaper Credit Is Flowing in Ghana But Is It Building or Consuming?
Ghana's lending conditions have eased dramatically. The Ghana Reference Rate (GRR), which commercial banks use to price loans, has now dropped to 10.06 percent...
Asiama Explains the Order Behind Ghana’s Economic Turnaround
Bank of Ghana (BoG) Governor Dr. Johnson Asiama has offered his most detailed public account of the sequencing decisions that produced Ghana's simultaneous improvement...
