Falling lending rates yet to reach informal sector borrowers -Traders
Despite easing lending rates in the formal banking sector and improving macroeconomic indicators, many traders in Ghana’s informal sector say ...
Tag: Lending rates
Lending rates remain elevated at 19.7% despite policy easing
Ghana’s lending rates are showing signs of moderation, but the pace of decline remains slower than market expectations, raising concerns ...
Lower interest rates key to reducing loan defaults – Association of Banks
Ghana’s banking industry expects a drop in lending rates to ease loan repayment pressures and curb high defaults, after the ...
Banks unlikely to mirror policy rate cut in lending rates – Economist
Economist Professor Patrick Asuming says despite the Bank of Ghana’s aggressive policy rate cut of 300 basis points to 25 ...
Cut your rates before asking banks to reduce lending rates – Economist to BoG
A finance lecturer at the University of Ghana Business School, Prof. Godfred Bokpin is of the view that it may ...
BoG urges commercial banks to lower lending rates as inflation figures decline
Commercial banks operating in Ghana have been urged by the Bank of Ghana to lower their lending rates while the ...
High lending rates not in the interest of banks, customers – FBNBank Ghana MD
The banking industry is the engine of economic activities in every economic system. As a result, banks are a very ...
Reduce lending rates – President urges banks
President Nana Addo Dankwa Akufo-Addo on Wednesday urged the country's banks to reduce lending rates to complement government's efforts to ...
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