‘Falling Interest Rates Good For Financial Inclusion’

June 21, 2017 by

The steady interest rate decline in recent months, with a corresponding reduction in lending rates, augurs well for government’s quest to deepen financial inclusion in the country, CEO of Opportunity International, Kwame Owusu-Boateng, has said. Currently, we see banks “interest and lending rates coming down, which are good indications because businesses and individuals can borrow … Read more

FMO, BIO Partner Fidelity Bank Ghana To Support SME Borrowers

March 29, 2017 by

FMO, the Netherlands Development Finance Company and BIO, the Belgian Investment Company For Developing Countries, are providing continued support to the financial sector in Ghana with long-term capital that extends financing to local small, and medium-sized enterprises (SMEs). As part of this effort, FMO has now provided a syndicated senior loan facility of $54 million … Read more