Interest rates
Why Commercial Banks’ Minimum Lending Rates Do Not Drop At the Same Pace As BoG’s MPR Cut
The Bank of Ghana’s Monetary Policy Rate (MPR) has been lowered by 350 basis points from 26% in January to 22.5%....
Deutsche Bank To Pay $170 Mn Private Suit Settlement In US
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other...
India’s Central Bank Keeps Rates At 6.25 Percent
India's central bank held interest rates in line with analysts' expectations on Wednesday, rebuffing the finance...
Stable Economy To Push Down Interest Rates – PEF
The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points...
Policy Rate Drops Further To 22.5%
The Monetary Policy Committee of the Bank of Ghana has reduced the monetary policy rate from the previous 23.5 per cent...
Yellen Warns Fed’s Independence Under Threat
The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could...
Bankers Initiate Moves To Cut Interest Rates For Customers
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the...
BoG Reduces Policy Rate To 23.5%
Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced its key lending to commercial...
Reduction In Policy Rate Great Impact On the Economy
Mr. Jerry Afolabi, an economist, has said the reduction in the policy rate announced by the Central Bank was laudable...
Industry Upbeat About A Drop In Policy Rate
Industry players are upbeat about a possible reduction in the policy rate to be announced by the Bank of Ghana later...
Economists Divided Over Possible Outcome of Policy Rate Meeting
The Monetary Policy Committee (MPC) of the bank of Ghana is expected o announce a new policy rate on Friday, and...
Declining Inflation, ‘stable’ Cedi To Signal Drop In Policy Rate
Economists are highly expectant of a reduction in the policy rate by the Monetary Policy Committee (MPC) of the Bank of...
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...
Annual Percentage Rates and Average Interest As At 28th February, 2017
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans...
March Rate Hike Could Be Appropriate
Federal Reserve Chair Janet Yellen said Friday another interest rate increase could be "appropriate" later this month...
Access To Credit Will Remain A Challenge – Economist
Economist Courage Kinsley Martey assessed that access to credit in the economy will continue to be a challenge, for the...
Central Bank Releases Data On APR and AI On Deposits
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans...
Annual Percentage Rates of Interest Hits 28%
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit...
APR of Interest Hits 28%- BoG
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit...