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Lending-rates




Ghana Reference Rate rises to 10.59% in July, signalling possible increase in lending rates

Cost of borrowing projected to increase despite policy rate hold – banks

Average lending rates in Ghana is high despite a significant drop in inflation – Deloitte  

Lending rates will continue to fall; NPLs also to decline – Fitch

Lending rates to fall to sub-20% levels in 2025

Banks average lending rates remain around 30% – BoG

Average lending rate fall by 4.3% in six months to 31.5% in June 2023

MPC to hold policy rate steady at 29.50%; lending rates to remain unchanged 

Ghana maintains highest interest, lending rates position in Africa   

Cost of credit falls marginally, as average lending rate pegged at 20.51% – BoG

IMF lowers Ghana’s inflation forecast to 9.6%

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