Ghana’s banking sector is preparing to lower both lending and deposit rates after the Bank of Ghana delivered a second consecutive large easing step in 2025, but bankers warn that …
Tag:
Interest rate
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Economy and Finance
The real economy at the heart of interest rate choices – BoG’s Abradu-Otoo explains
by Adnan Adamsby Adnan AdamsThe Director of Research at the Bank of Ghana, Dr Philip Abradu-Otoo, has stressed that decisions on Ghana’s key policy rate are anchored in the performance of the real economy, …
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Economy and FinanceLifestyleNews
Banks reducing interest rate amidst monetary policy rate tightening
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana’s Monetary Policy Committee (MPC) in the past two months tightened the monetary policy rate to 28 percent for the months …
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Economy and FinanceNews
BoG raises benchmark interest rate to 28% …even as treasury bill rates hit two year low of less than 17%
by Adnan Adamsby Adnan AdamsThe Ghana Reference Rate, which serves effectively as the base lending rate for all commercial banks – being computed by them in collaboration with the BoG – has been a …