Prepare to lend below 10% – BoG Governor urges banks

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Abs 1 year ago

Thank you Governor, you are doing great job.

I can't wait for a single digit lending rate, even if pegged at 10% kraa we will manage.

Thank you Governor, you are doing great job.

I can't wait for a single digit lending rate, even if pegged at 10% kraa we will manage.
JESUS IS GOD 1 year ago

Repent now Jesus Christ is coming soon.,+

Repent now Jesus Christ is coming soon.,+
Benji 1 year ago

To think that NPP wanted to jail this man while Addison was printing money and giving us 54% inflation rate. What a loser party.

To think that NPP wanted to jail this man while Addison was printing money and giving us 54% inflation rate. What a loser party.
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.mr amin 1 year ago

The best governor so far he would have send the exchange rate to a single digit if mahama hadn't stop him the cedi rate would've been below 8, thank governor

The best governor so far he would have send the exchange rate to a single digit if mahama hadn't stop him the cedi rate would've been below 8, thank governor
Kwame nkrumah 1 year ago

Bold move...Go ahead

Bold move...Go ahead
Yeb 1 year ago

Bold move indeed. The most outstanding BoG governor ever. Continue to be bold

Bold move indeed. The most outstanding BoG governor ever. Continue to be bold
Abugre 1 year ago

The governor is dreaming. BOG borrowing rate is 25%, will it bring it down to 8% in 4 years?

The governor is dreaming. BOG borrowing rate is 25%, will it bring it down to 8% in 4 years?
Rhoda 1 year ago

Bawumia is a complete goat. I don't like him. Foolish man

Bawumia is a complete goat. I don't like him. Foolish man
Zargon 1 year ago

Why Uk it’s 2% and 3%,, isn’t greedy on the part of banks here in Ghana?

Why Uk it’s 2% and 3%,, isn’t greedy on the part of banks here in Ghana?

LAVERSTOKE 1 year ago

Why are fools like you still allowed to comment on social media in August 2025? Why?

Why are fools like you still allowed to comment on social media in August 2025? Why?
Koio 1 year ago

Lol....

Lol....
kelewele 1 year ago

Greedy Ghanaian banks are not going to let that happen.

Greedy Ghanaian banks are not going to let that happen.
Winner 1 year ago

We were told 'it is possible'. So lets have it

We were told 'it is possible'. So lets have it
Kk 1 year ago

That's a good one governor. You are doing well.

That's a good one governor. You are doing well.
Common sense 1 year ago

Some low IQ Ghanaians will oppose anything even if it's meant for their own good.

Some low IQ Ghanaians will oppose anything even if it's meant for their own good.
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Major 1 1 year ago

WE CAN'T WAIT FOR A WHEN THIS BECOMES A REALITY

WE CAN'T WAIT FOR A WHEN THIS BECOMES A REALITY
Yaw Yeboah 1 year ago

I fear the Governor is making a positive call that he knows the Banks will not be able to meet? A large number of the banks currently have a high percentage of non performing loans on their balance sheets. Customers being gra ...
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I fear the Governor is making a positive call that he knows the Banks will not be able to meet? A large number of the banks currently have a high percentage of non performing loans on their balance sheets. Customers being granted loans & not making repayments. Now the Governor is encouraging some of the same banks to increase their borrowing to customers. I just cannot see it happening?
Kobby 1 year ago

The reason why they have huge non performing loans sitting on their portfolio is because customers cannot pay. They borrow at high rates to compete with cheap Chinese loans on the markets. A little shock and the business goes ...
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The reason why they have huge non performing loans sitting on their portfolio is because customers cannot pay. They borrow at high rates to compete with cheap Chinese loans on the markets. A little shock and the business goes bust! How can they pay back the loan. Once rates go down, businesses can be competitive and the loans will be more likely to get serviced. win - win!

Yaw Yeboah 1 year ago

Kobby, good points made.

Kobby, good points made.
Mikee 1 year ago

Low interest rate starts with BOG. How can they give a loan at an interest of 10% when your rate is around 25%. Give it to the banks at 8% and they can lend it to their customers at 10%
Waiting for the goodies. We can borrow ...
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Low interest rate starts with BOG. How can they give a loan at an interest of 10% when your rate is around 25%. Give it to the banks at 8% and they can lend it to their customers at 10%
Waiting for the goodies. We can borrow to establish factories which is consistent with president Mahama agenda.
A word to the wise,... 1 year ago

Almost everybody in the comments session is taking tends against previous administration. What a disgrace. If we care to know, thus is just a statement not an action. Moreover this man should focus on the micro finance and sa ...
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Almost everybody in the comments session is taking tends against previous administration. What a disgrace. If we care to know, thus is just a statement not an action. Moreover this man should focus on the micro finance and savings and loans. They are rather killing Ghanaians with extravagant interest rate such as 4.5 % per month. So comparing to the banks, these financial institutions are charging almost 55% per annum. Why should this happen??
Wasteman 1 year ago

EIII SOME BANKS WILL COLLAPSE OO…THIS GOVERNMENT IS DOING WONDERS WOW!!

EIII SOME BANKS WILL COLLAPSE OO…THIS GOVERNMENT IS DOING WONDERS WOW!!

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Prepare to lend below 10% – BoG Governor urges banks

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