Bank of Africa

News

Average Interest On Deposits Drops Marginally In June

The average interest offered by banks on customer deposits dropped by 2.67 percent between May and June 2017....

News

GN Bank Wins Two Trophies At Inter-Banks Sporting Event

GN Bank, a subsidiary of Groupe Nduom (GN) conglomerate, at the weekend won two trophies at Inter-Banks Sporting...

News

Digital Inclusion Program Launched In Ghana

A Digital for Inclusion (D41) program has been launched in Accra. D41 is a collaborative initiative between Ghana...

News

Average Deposit Rate Increases Marginally; Stanchart Still Offers Lowest Rates

The average interest offered by banks on customer deposits increased by 1 percent between March and April 2017....

Business

Mortgage Interests Increases To 33.8% In March

The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure...

News

Average Mortgage Interest Increases To 33.8% In March

The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure...

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Average Interest On Car Loans Drops To 34.2% In March 2017

The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017,...

Business

Bank of Africa Pledges Support For Government’s Development Efforts

Members of the Board and Management of Bank of Africa Ghana have paid a courtesy call on President Nana Akufo-Addo at...

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Average Deposit Rate Drops Again In 2017

The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March...

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Average Interest On Agric Loans Is 33.2 Percent – BoG Report

Average interest rate on agricultural loans by banks has increased marginally to 33.2 percent as at the end of February...

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Interest On Car Loans Hits 35%

The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February this...

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Average Interest On Car Loans Hits 35%

The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February this...

Business

Stanchart Offers Lowest Base Rate As Lending Rates Drops

The latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average...

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Average Deposit Rate Drops; Stanchart Still Offers Lowest Rates

The average interest offered by banks on customer deposits has dropped by about 2.5 percent between January and...

Business

As Banks Swerve Merger Moves What Next?

Ghana is a nation of 26million inhabitants, with a Gross Domestic Product (GDP) of almost US$35billion, and a universal...

Business

Unibank Offers Most Expensive Interest On Car Loans – BoG Report

The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank...

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Unibank Offers Most Expensive Interest On Car Loans – BoG Report

The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank...

Top Stories

Unibank Offers Most Expensive Interest On Car Loans

The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank...

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Stanchart Offers Lowest Interest On Customers’ Deposits – BoG Report

Standard Chartered Bank has been named as the bank with the lowest interest on customer deposits. According to the Bank...