Prepare to lend below 10% – BoG Governor urges banks

This article is closed for comments.

Read Comments Comments (24)

  • Abs 4 months 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.

  • JESUS IS GOD 4 months ago

    Repent now Jesus Christ is coming soon.,+

  • Benji 4 months 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.

  • GUARANTEED MONEY-MAKING $KILL JUST FOR YOU!!! 4 months ago

    START this new month powerfully with this investment because where capital for business could stop you, your Skills would elevate you! You EARN from what U LEARN & APPLY to solve problems; and what you earn in just one day wi ...
    read full comment

  • .mr amin 4 months 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

  • Kwame nkrumah 4 months ago

    Bold move...Go ahead

  • Yeb 4 months ago

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

  • Abugre 4 months ago

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

  • Rhoda 4 months ago

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

  • Zargon 4 months ago

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

  • LAVERSTOKE 4 months ago

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

  • Koio 4 months ago

    Lol....

  • kelewele 4 months ago

    Greedy Ghanaian banks are not going to let that happen.

  • Winner 4 months ago

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

  • Kk 4 months ago

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

  • Common sense 4 months ago

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

  • Hannan 4 months ago

    ;)))))) Welcome to the best sex dating site ->>> Hot4.eu

  • Major 1 4 months ago

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

  • Yaw Yeboah 4 months 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 ...
    read full comment

  • Kobby 4 months 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 ...
    read full comment

  • Yaw Yeboah 4 months ago

    Kobby, good points made.

  • Mikee 4 months 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 ...
    read full comment

  • A word to the wise,... 4 months 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 ...
    read full comment

  • Wasteman 4 months ago

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