SME lending rates remains high, stifling entrepreneurs and choking growth – GCYE

SME lending rates remains high, stifling entrepreneurs and choking growth – GCYE

[Joy Online - Ghana] - 21/08/2025
The Ghana Chamber of Young Entrepreneurs (GCYE) has described lending rates to small and medium enterprises as daunting and one which stifles growth. The chamber’s comment follows a publication by the Bank of Ghana stating that commercial banks offered loans at annualized Percentage rates from (…)
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