loans

Business

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...

Business

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...

Top Stories

US$60 Million Loan Agreement Will Sink ECG – Akoto Osei

A loan worth 60 million dollars being procured by the government of Ghana for the Electricity Company of Ghana has left...

Top Stories

Parliament Approves Four Loans Within 2 Hours

Four loans sent to Parliament by government have been approved by the 275-member body. Parliament, which is expected to...

Business

Govt’s Intention To Mortgage Gas Reserve Not Ideal

Energy expert, Kojo Poku says government’s intention to mortgage Ghana’s gas reserve with China for a Chinese loan...

Politics

Govt’s Intention To Mortgage Gas Reserve Not Ideal – Energy Expert

Energy expert, Kojo Poku says government’s intention to mortgage Ghana’s gas reserve with China for a Chinese loan...

Business

Interest Payments Expenditure Worrying – Minority

A member of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah has questioned the GH¢1.9 billion to be...

Business

Ghana Will Be In A State of Economic Hopelessness 2017 – Economist

An Economist and Member of Parliament (MP) for New Juaben South, Dr. Mark Assibey-Yeboah, is cautioning Ghanaians not...

Politics

Savings & Loans Companies Hold 6th Annual General Meeting On Thursday

The Ghana Association of Savings and Loans Companies (GHASALC) will be holding its 6th Annual General Meeting (AGM) at...

Business

Graduate Joblessness Scares Students From Loan Scheme

Aside the difficulty in getting guarantors, students are running away from the Students Loan Scheme due to rising...

Politics

About 2,000 Traders Get Boost From Capital & More To Expand

About 2,000 traders in Accra who would have found it extremely difficult to access credit facility from banks, have...

Business

Interest Rates Killing Businesses, Suffocating Consumers

Ghana's current policy rate set by the Bank of Ghana is 26 per cent. Such a rate may be considered to be too high given...

Business

Loan Applicants Cautioned Over Fake, Forged Documents

President of Groupe Ideal, a leading financial institution in Ghana, Dr. Nii Kotei Dzani, has cautioned loan applicants...

Politics

Loan Applicants Cautioned Over Fake & Forged Documents

President of Groupe Ideal, a leading financial institution in Ghana, Dr. Nii Kotei Dzani, has cautioned loan applicants...

Business

Housing Finance Can Be Cheaper – Banker

Long-term funds could drastically reduce the cost of mortgages, Head of Commercial Banking at Stanbic Bank,...

Business

Delay In Payment of Contractors Affecting Local Economy

Government’s delay in the payment of contractors is affecting many local businesses including the loans recovery rate...

Business

Interest Rate Hits 33 Per Cent

The average lending rate of banks has hit 33 percent as at the end of August this year, the highest since 2003, the...

Business

Interest Rate Jumps To More Than A Decade High

The average lending rate of banks has hit 33 percent as at the end of August this year, the highest since 2003, the...

Business

Claims of Approval of Unauthorised Loans At GCB False

The GCB Bank has dismissed as complete fabrication, publications that its officials have granted some unauthorized...