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BoG Lending Rate Drops to 15.6% as Private Sector Credit Surges 41.2%

The Bank of Ghana (BoG) has reported a significant improvement in credit conditions, with the average lending rate declining from 27 per cent to 15.6 per cent, while private sector credit expanded by 41.2 per cent. The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, disclosed this when he appeared before Parliament’s Committee […] The post BoG Lending Rate Drops to 15.6% as Private…

We haven't written up this one. The Chronicle Ghana has the full story — the link below goes straight to it.

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