Ghana’s benchmark lending rate drops sharply to 10.06% in April
Published . Category: Finance.
Ghana’s benchmark rate for loan pricing has declined significantly to 10.06% in April 2026, reinforcing a steady easing trend in the country’s credit market. T…
Ghana’s benchmark rate for loan pricing has declined significantly to 10.06% in April 2026, reinforcing a steady easing trend in the country’s credit market. The Ghana Association of Banks confirmed the new Ghana Reference Rate (GRR) took effect on April 1, falling from 11.71% recorded in March and extending a three-month slide from 14.58% in February. The GRR, which serves as a baseline for commercial lending, is derived from a combination of Treasury bill yields, the interbank lending rate, a…