Ghana Central Bank Tells Banks to Lend More as Economy Improves

Ghana Central Bank Tells Banks to Lend More as Economy Improves

Bank of Ghana Governor Johnson Asiama urged the nation’s banks to increase private-sector lending to support economic growth.

BoG Governor tells banks to lend more as economy rebounds

Dr Johnson Pandit Asiama is the BoG Governor The Governor of the Bank of Ghana, Johnson Pandit Asiama, has urged banks to increase lending to customers following the easing of inflationary pressures and the corresponding reduction in the monetary policy rate. According to him, the banking sector remains a cornerstone of Ghana’s economic stability. Wilful […] The post BoG Governor tells banks to lend more as economy rebounds appeared first on Gha…

Ghana Central Bank Cuts Rates, Urges Lending Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-cuts-rates-urges-lending-surge/The Bank of Ghana has slashed its benchmark interest rate by 3 percentage points to 25%, urging commercial banks to ramp up lending as the cedi’s strong rally and tamed inflation create a rare economic opening. Governor Johnson P. Asiama declared the 40% year-to-date currency surge and August’s 12.1% i…