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Thursday 28 March 2024

2021-03-16

[I] UK defends Oxford Covid vaccine over fears of blood clots
[N] COVID-19: Continue using AstraZeneca vaccine – WHO
[S] Preko: Expect a very competitive 2nd round
[S] Clubs owe coaches five months’ salary
[S] Legon Cities: Asamoah Gyan investment has yielded good returns
[B] Pursue demands through negotiation, arbitration – Telcos told
[A] Tension in Dixcove following beating of chief to pulp
[B] Don’t approve new fuel levies – COPEC to MPs
[B] There’s no justification for newly proposed petroleum taxes – Wereko-Brobby
[A] Apam: Burial service for drowned teens to be held today
[N] Publisher, Badu Nkansah, apologises for ‘offensive Ewe’ textbooks
[N] Parliament’s Volta Caucus condemns ethnocentric publication in history book
[N] Ghanaians to pay tax for Covid-19 ‘free water’ enjoyed to fill economic gap

2021-03-15

[N] NaCCA orders withdrawal of unapproved textbooks
[B] Ghana prepares to issue $5 billion Eurobond
[N] Brain tumor patient appeals for GH¢ 30,000.00 for surgery
[N] AIMS Forum to mark International Mathematics Day
[N] Tema Sewer System: Ambitious project to address predicament
[N] A 21-year-old man stabbed to death at Effia
[N] Estate developers laud government’s decision to aid rent advance payments
[N] Let’s prioritize STEM; It’s the new niche for education policy – Ntim Fordjour
[N] 12 new deaths push toll 679; active cases now 3,994
[N] Over 400,000 Ghanaians vaccinated so far – Oppong Nkrumah
[N] Prof Allotey’s 9 Aug birthday must be made National Maths Day – Prince Armah
[N] Telecom workers to embark on strike from today
[N] NDC won the 2020 election hands down – Hannah Bissiw claims
[B] There’ll be ‘bitter hardship’ for Ghanaians because of 2021 budget – Forson
[N] Asiedu Nketia should be NDC running mate for NDC victory 2024 – Atubiga
[N] Rawlings kept over 20 wild dogs at his Ridge Residence alone – Hannah Bissiw

2021-03-14

[A] Kinaata’s Things Fall Apart can’t be called a gospel song
[S] Boxing legend ‘Marvellous’ Marvin Hagler dies aged 66
[B] 2021 budget designed to lift Ghana out of challenges imposed by COVID – Alan
[B] I’ll support Agyapa deal 2,000% – MP Egyapa Mercer
[S] What I’m seeing in training is massive–Mubarak Wakaso
[B] Notorious Wa thieves transporting pregnant goats involved in accident
[N] NEWSPut ‘petty politics’ aside and support Akufo-Addo, Bawumia
[B] Ghana risks losing €258m earmarked for the 2nd phase of Kejetia market
[S] Tribute: Henry Atta Ameyaw paid his dues to Hearts of Oak
[S] Why Wilfried Zaha has decided against taking the knee in Premier League games
[S] GFA fix new date for start of second round
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General News

[ 2017-10-11 ]

Cost of home loans drop to 30.6 %
The average interest rate on mortgage loans
offered by commercial banks has dropped to 30.6
percent as at August 2017.

This is down from the 31.2 percent recorded in
July 2017.

According to the Bank of Ghana (BoG)’s Annual
Percentage Rate (APR) and Average Interest (AI)
report, the Royal Bank now offers the highest
interest on mortgages which is between 35.5 –
40.5 percent.

It topped the ten banks that offer mortgages to
their customers.

Following the Royal Bank closely is Ecobank with
an interest on mortgage at 34.1 percent.

It is followed in the third and fourth positions
by Prudential Bank and Energy Bank with interest
on mortgage loans at 33.6 and 33.3 percent.

Cal Bank continues to place fifth while offering
mortgage with interests at 31.1 percent.

The sixth and seventh positions are occupied by
Fidelity Bank and HFC Bank with interest on
mortgage loans at 30.3 and 26.2percent.

Stanbic Bank and Bank of Baroda took the eighth
and ninth tenth positions with interest on
mortgage loans at 25.5 and 22.0-28.0 percent.

Twenty two banks, according to the BoG report, do
not offer mortgage loans.

They include; Barclays Bank, Access Bank, ADB
Bank, Bank of Africa, BSIC, First Atlantic Bank,
FBN Bank GhanaFirst National Bank and GCB Bank.

The rest are; GN Bank, Guaranty Trust Bank,
Heritage Bank, National Investment Bank, Omnibank,
Premium Bank, Sovereign Bank, Standard Chartered
Bank, Societe General, United Bank for Africa,
Universal Merchant Bank, Unibank and Zenith Bank.

Source - citibsinessnews.com



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