Bank Lending Rate in Ghana decreased to 34.50 percent in May from 35.50 percent in April of 2018. Bank Lending Rate in Ghana averaged 29.59 percent from 2005 until 2018, reaching an all time high of 42.84 percent in July of 2016 and a record low of 21.24 percent in March of 2008.
Bank Lending Rate in Ghana is expected to be 35.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Ghana to stand at 35.50 in 12 months time. In the long-term, the Ghana Bank Lending Rate is projected to trend around 34.50 percent in 2020, according to our econometric models.