Statistics & Publication
Speech by Dr. Johnson P. Asiama, 2nd Deputy Governor at the 10th Ball of Fidelity Bank Ghana Ltd
Tuesday, 09 May 2017 00:00

The Bank of Ghana is also working to enhance the credit infrastructure further. We have been working in consultation with the Ghana Association of Bankers, to review the existing Base Rate model. As you will recall, the idea behind the model was to bring transparency to base rate setting and hence lending rates in the economy; and also to promote uniformity in the definition of determinants of the Base Rate in the industry generally. The Committee has completed its work, and hence a draft notice would be issued soon for implementation.

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