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SMEs Find Foreign Banks Cheaper for Loans, But Local Lenders Win on 3

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/smes-find-foreign-banks-cheaper-for-loans-but-local-lenders-win-on-3-year-deals/Ghanaian small businesses hunting for affordable credit face a complex choice: foreign-owned banks offer marginally lower rates overall, but local rivals win on key loan terms. New Bank of Ghana data reveals foreign lenders averaged 33.93% APR for 1-year SME loans 0.83 points below locals and a stark 7-point gap favoring foreigners at 5 years […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/smes-find-foreign-banks-cheaper-for-loans-but-local-lenders-win-on-3-year-deals/


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