Commercials Banks have begun revising upwards their lending rates in response to market conditions.Analysts had expected the banks to increase their lending rates following the increase in bank of Ghana’s Monetary Policy Rate especially for 3 consecutive times so far this year.The projection is also reinforced by the increase in government Treasury Bill Rates which have negative consequences for the lending rates.Stanchart has consequently revised its lending rate upwards effective July, 01 and the Executive Director for Finance, San-Jay Rugani has been speaking to JOY BUSINESS.“We have different categories of clients and our pricing model is worked based on different categories of clients and this is also subject to the risks inherent in the client-category. Currently, there have been very significant movements in Market Interest Rates like the Treasury bill rates which is hovering around 22 percent” he noted.“This means that the cost of liquidity is going to go up because we are going to compensate more for liquidity. That means that the cost of lending is also going to go up” he explained.