Average lending rates fall to 21.26 percent
Image source: GhanaWeb

Average lending rates fall to 21.26 percent


Summary short_text

According to the Bank of Ghana's November 2020 Summary of Financial and Economic Data, Ghana's reference rate also keeps falling from 16.13 percent in January 2020 to 14.75 percent in October 2020.
Some banks offers as low as 17 percent for lending, whilst others have rates as high as 27 percent.


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