Banks’ interests on car loans drop to 31.1 % in June The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana shows that Unibank offers the highest rate on...
The average interest offered by banks on customer deposits dropped by 2.67 percent between May and June 2017. According to the latest Annual Percentage Rates (APR) and Average Interest (AI) report...
At the beginning of April this year, the Government of Ghana seemingly took a giant stride in its ongoing efforts to deepen the country’s capital market and substantially expand its constricted...
The average interest offered by banks on customer deposits increased by 1 percent between March and April 2017. According to the latest Annual Percentage Rates (APR) and Average Interest (AI) report...
Ghana’s poultry industry has been hit with yet another challenge as loans secured under the past NDC government for the acquisition of machinery and other inputs for poultry framers has gone down...
The Board of Cocobod is considering buying off the shares of the Cocoa Processing Company of Ghana to forestall its collapse. This is one of the numerous proposals being considered by the board in...
Financial Analyst and Member of Parliament (MP) for the Bolgatanga Central Constituency, has lashed out the Managing Director of Stanbic Bank and President of the Ghana Bankers Association, Alhassan...
The Ministry of Finance, through the book building process, recently issued 7- and 15-year bonds at a coupon rate of 19.75%. The bonds were oversubscribed with international investment firm Franklin...
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
The Managing Director of Stanbic Bank, and President of the Ghana Bankers Association, Alhassan Andani has lashed out at critics of the 2.25 billion dollar bond issued by government some weeks back....
The Managing Director of Stanbic Bank, and President of the Ghana Bankers Association, Alhassan Andani has lashed out at critics of the 2.25 billion dollar bond issued by government some weeks back....
The Ministry of Finance says its attention has been drawn to a statement issued by the Minority in Parliament, which seeks to cast negative aspersions on the recent GH¢9.7 billion (US$2.25 billion)...
The Finance Ministry has described as unfortunate statements by the minority in Parliament that the recent US$2.25 billion domestic bonds it issued was deliberately skewed to favor a particular...
The average interest banks charge on loans and advances has seen a drop for the third time running, according to the central bank’s latest monthly Annual Percentage Rates (APR) and Average Interest...
The Minority in Parliament has said the Ministry of Finance (MoF) must “come again” and explain to the public, the processes leading to the recent issuance of a $2.25billion domestic bond and the...
The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017, the latest Annual Percentage Rates and Average Interest report by the Bank of...
The Ministry of Finance has dismissed allegations of conflict of interest made by the Minority in Parliament against the Finance Minister, Ken Ofori-Atta in the issuance of a $2.25 cedi-denominated...
The Ministry of Finance has issued a statement to rubbish the allegation by the Minority that, Finance Minister, Ken Ofori-Atta sold the ninety five percent of Ghana’s recent 2.25 billion dollar...
The Ministry of Finance has responded to recent allegations by the Minority in Parliament that the April 3 bond issued by government was skewed in the favour of cronies and relatives of the Minister...