Tag: Ghana Reference Rate

The Importers and Exporters Association of Ghana is asking commercial banks to significantly reduce lending rates following the sharp decline ...

The Ghana Reference Rate (GRR) has declined marginally to 10.02% for June 2026, according to the Ghana Association of Banks ...

Despite easing lending rates in the formal banking sector and improving macroeconomic indicators, many traders in Ghana’s informal sector say ...

The Ghana Association of Banks has announced a marginal decline in the Ghana Reference Rate (GRR) to 10.03% for May ...

The Ghana Reference Rate (GRR) has declined further to 10.06% for April 2026, down from 11.71% in March, extending the ...

Ghana's benchmark lending rate, the Ghana Reference Rate which serves as the baseline for loan pricing in the country dropped ...

Ghana’s benchmark reference rate for bank lending has witnessed its steepest monthly decline this year, offering a rare boost for ...

The Ghana Reference Rate (GRR), the benchmark used by commercial banks to determine lending rates has recorded a slight increase ...

The Ghana Reference Rate (GRR) has declined to 19.67% for August 2025, marking a significant drop of 10.05 percentage points ...

The Bank of Ghana is set to undertake a major overhaul of the Ghana Reference Rate as part of broader ...

Lending rates of commercial banks may not be declining anytime soon despite the change in the formula of calculating the ...

The Bank of Ghana’s new Ghana Reference Rate for May 2018 is 16.74 percent. The rate is the reference by ...