Demand For Mortgages Decreases
New figures released by the Bank of Ghana (BoG) reveal demand for loans for house purchase by customers of banks have reduced despite an ease in credit access by commercial banks. Banks in July 2016...
Tag: First National Bank
Average Interest On Deposits Decrease To 12.2%
The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at...
Interests On Mortgage Loans Hit 31.5%
Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans continue to rise. According to latest average interest and Annual percentage report...
Banks Reducing Interests On Deposits – BoG Report
The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at...
Banks’ Average Base Rate Increases To 27.8%
The latest Annual Percentage Rates (APR) and Average Interests (AI) on deposits report released by the Bank of Ghana shows that the average minimum interest rates that can be charged on loans and...
Vodafone African SME Summit Set To Begin
Driven by its passion to empower Small and Medium Enterprises (SMEs) in Ghana, events and marketing communications firm, Creative Trends, is holding the third Vodafone African SME Summit in Accra....
Let’s Redefine Our SMEs For Competitiveness
A strong Small and Medium Enterprises (SMEs) sector is important for the growth of every economy, advanced or developing. In Ghana, more than 84 percent of all registered businesses fall in this...
Average Interest On Car Loans In Ghana Hit 32%
A new report released by the Bank of Ghana (BoG) on Annual Percentage Rates (APR) and Average Interest(AI) paid on deposits by banks has reveled that the average interest rate for a car loan in Ghana...
Isabel dos Santos to Expand Banking Empire to Namibia
(Angola, Vanguardngr) Africa’s richest woman, Angolan Isabel dos Santos, is set to spread her banking empire into neigbouring Namibia, after a banking licence was approved by the country’s...