The Bank of Ghana on Friday released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
The interest charged by banks and other lending financial institutions on loans and advances to individuals and corporate clients, has consistently declined over the past five months. According to...
Bank of Baroda emerged as the best place to secure credit according to the latest Average Interest and Annual Percentage Rate APR released by Bank of Ghana (BoG). The report assessed the actual rates...
At least two persons have been arrested by the Police for allegedly luring some unsuspecting persons to subscribe unto the operations of MMM. The arrest, which was effected by the Tema Community One...
The current high lending rate offered to non-bank financial institutions by the Central Bank is rendering them uncompetitive and unproductive. This is according to the Chief Executive Officer of the...
Players in the financial inclusion space have intensified efforts aimed at reducing the number of unbanked population in Ghana. A recent study conducted by the Financial Sector Deepening Africa has...
The banking industry average base rate as at the end of March stood at 26.7 per cent, data from the Bank of Ghana has shown. The data indicates a drop of 0.9 per cent in the base rate from the month-...
Majority Leader, Osei Kyei-Mensah-Bonsu, has suggested that parliament calls Bank of Ghana officials to come and explain how far they have gone in resolving the microfinance crisis that hit the Brong...
The latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks released by the Bank of Ghana revealed that...
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
The central bank has reportedly put on hold the billion-dollar deal it handed to Sibton Switch, a local IT firm, to interconnect all payment systems in the country, following public outcry over...
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
The Bank of Ghana (BoG) has awarded a multi-billion-cedi contract to Sibton Switch Systems Limited to implement a retail payment system infrastructure in Ghana. The contract, which is seen by many...
Funds transfer and electronic payment in Ghana is expected to be enhanced soon when the Retail Payment Systems Infrastructure project takes off. Interoperability from a financial perspective involves...
The money transfer market and the electronic payment system is expected to receive a major boost with the deployment of a new retail payment systems infrastructure that will soon be rolled out. The...
Enquiries made by the B&FT have established that the Ghana Interbank Payment and Settlement Systems (GhIPSS), can handle the intermediary role in across-network mobile money transactions, a...
The yield on the Bank of Ghana’s weekly 91-day bill fell to 16.4281 percent at an auction on Friday December 23, from 16.6759 percent at the last sale on Dec. 16, a report by Reuters has said. The...
The yield on the Bank of Ghana’s weekly 91-day bill fell to 16.4281 percent at an auction on Friday December 23, from 16.6759 percent at the last sale on Dec. 16, a report by Reuters has said. The...
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (DI) paid on deposits by banks. The data is...
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (DI) paid on deposits by banks. The data is...
