Government reduces Interest rate on stimulus package for SMEs to 3%
The interest rate on the government stimulus package to Micro, Small and Medium-Scale Enterprise (MSMEs) has been reviewed from five ...
Tag: Loans
Savings & Loans companies want Gov’t to channel GH₵600m stimulus package through their members
The Ghana Association of Savings & Loans Companies (GHASALC) has asked government to channel the disbursement of the GH₵600m through ...
Cocoa syndicated loan in limbo due to COVID-19 pandemic
The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahen Aidoo, has disclosed that COCOBOD may be “unable to ...
Know how much your bank charges you – Bank of Ghana Report
A survey conducted by the Bank of Ghana (BoG) shows that retail loans attract about 7.75% in charges in addition ...
A former deputy minister of finance wades into the $50 Billion Century Bond debate
Many persons have reacted to the president`s recent announcement of his government`s intention to contract a $50 billion Century Bond ...
UNDERSTANDING THE TERMS OF A CREDIT FACILITY AGREEMENT
A credit facility agreement, a.k.a. loan agreement, is an agreement between a lender and a borrower in which the lender ...