Ghana's banks are lending, but high loan defaults driving up borrowing costs, says banking chief
Ghana Association of Banks CEO John Awuah defends lending practices, citing 29% private sector credit growth and falling rates despite 15.8% NPL ratio.
Ghana's Lending Rates Halve as Inflation Crisis Eases – What It Means for Your Wallet
Borrowing costs have plummeted by over 11 percentage points in a year as Ghana's inflation crisis dramatically reverses, offering relief to businesses and households.
Bank of Ghana pledges economic stability and rate relief as Governor meets business leaders
BoG Governor Dr. Asiama reassures stakeholders of economic recovery and falling lending rates through enhanced transparency.
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Ghana's Cedi Stabilises After May Pressure as Banking Rates Fall to 15-Year Low
Bank of Ghana Governor reports cedi recovery post-May volatility amid significant decline in lending rates across the sector.