• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

UMB Leads in Affordable Corporate Lending – BoG Report Reveals

4 weeks ago
in Banking & Finance, Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
109
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

UMB Leads in Affordable Corporate Lending – BoG Report Reveals

Universal Merchant Bank Limited offered the lowest average annualised percentage rate (APR) of 23.49 per cent on one-year loan facilities to corporate organisations in June 2025, according to the Bank of Ghana’s latest report on lending rates.

At the other end of the spectrum, Agricultural Development Bank Limited charged the highest rate for comparable loans, at 37.60 per cent.

The central bank’s APR measure captures the true cost of borrowing, incorporating the Ghana Reference Rate, bank-specific risk premia, and other fees levied during the loan approval process.

It serves as a benchmark for comparing credit costs across the banking sector.

The June 2025 data covered loans to households, small and medium-sized enterprises (SMEs), and corporates, underscoring the wide dispersion in pricing faced by borrowers in Ghana’s credit market.

RelatedPosts

Ghana’s DStv Standoff: A Warning Signal for Investors

When Prices Feel Like Power: Fix Competition, Not Just DStv 

Africa’s GDP to rise to $15trn on investment in agriculture, industry, service

Tags: UMB Leads in Affordable Corporate Lending - BoG Report RevealsUniversal Merchant Bank

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

India Rejects U.S. Crude for Nigerian Oil as Sanctions on Russia Reshape Supply

Elon Musk is a Step Closer to Becoming a Trillionaire. Here’s a Look at His Rising Wealth

Gov’t to Proceed With MultiChoice Ghana Shutdown if Company Fails to Cut Prices Today

Hearts of Oak Clinch 2025 Democracy Cup with Narrow Victory Over Great Olympics

Alcaraz Outclass Djokovic to Reach Men’s Final; Dabrowski and Gabriella Capture Women’s Double Title

Morocco Secures 2026 World Cup Spot; Egypt, South Africa Close in on Qualification

Trending

Features

Ghana’s DStv Standoff: A Warning Signal for Investors

September 6, 2025

Ghana’s DStv Standoff: A Warning Signal for Investors What Happened? In August 2025, Ghana’s Minister of Communications,...

When Prices Feel Like Power: Fix Competition, Not Just DStv 

September 6, 2025

Africa’s GDP to rise to $15trn on investment in agriculture, industry, service

September 6, 2025

India Rejects U.S. Crude for Nigerian Oil as Sanctions on Russia Reshape Supply

September 6, 2025

Elon Musk is a Step Closer to Becoming a Trillionaire. Here’s a Look at His Rising Wealth

September 6, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.