Interest rates
Bank of England Holds Interest Rates
The Bank of England has voted unanimously to keep the UK's main interest rate at a record low of 0.25%. It said that...
You and Low Interest Rates
The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy...
Interests On Loans To Drop If …
Some financial analysts are anticipating that the Bank of Ghana (BoG) will sustain the decision to reduce further, its...
BoG Reduces Policy Rate To 25.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point to 25.5...
Financial Observers Expect A Reduction Today
There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the governor...
Terkper Hopes For Drop In Policy Rate
The Finance Minister, Mr Seth Terkper, expects the stability in the fiscal side of the economy to provide comfort to...
Bankers Warn Government Against Capping Interest Rates
Some bankers have warned any move by Government to cap interest rates in Ghana will end in a disaster. Banking...
President Mahama To Consider Capping Interest Rates
The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country....
Brexit Pushes Rate On Cocobod Loan To 1.47%
The Ghana Cocoa Board (Cocobod) will pay more for it's annual cocoa loan this year than it did for the US$1.8 billion...
BoG Worried Over High Lending Rates
The governor of the Bank of Ghana (BoG) Dr. Abdul Nashir Issahaku has described as worrying the country’s current...
GN Bank Does Not Offer Cheapest Mortgage Loans
The Bank of Ghana has retracted its earlier report suggesting that GN Bank offers the lowest rate on mortgages in the...