How much does Bank of Africa Ghana produce?

Bank of Africa Ghana output is 20.22 %.

Bank of Africa Ghana

Bank of Africa Ghana BoG licensed

Bank of Africa Ghana average lending rate = 10.00% APR

Bank of Africa Ghana reports this in the Bank of Ghana Annual Percentage Rate release, Jun 2025. On a typical household loan the APR is about 20.22%.

What Bank of Africa Ghana charges to borrow (APR)

Household

20.22%

Personal and consumer loans

SME

32.95%

Small and medium businesses

Average lending rate 10.00%. That is 13.80 points below the Ghana Reference Rate, the benchmark all banks price loans from.

APR (Annual Percentage Rate) is the all-in yearly cost of a loan including fees, so it is the fair way to compare banks. Figures are the Bank of Ghana APR release, Jun 2025.

Bank of Africa Ghana profile

Bank of Ghana status: Licensed universal bank, reporting in the Bank of Ghana APR release

Frequently asked

What interest rate does Bank of Africa Ghana charge on a loan?

Bank of Africa Ghana reports an average lending rate of 10.00% APR in the Bank of Ghana APR release (Jun 2025). On a household loan the APR is about 20.22%.

Is Bank of Africa Ghana licensed in Ghana?

Bank of Africa Ghana is a licensed universal bank, reporting in the Bank of Ghana APR release.

Sources

Bank of Ghana Jun 2025

Every figure on this page is dated and drawn from a named public source. Data changes over time; check the source for the latest.

Snapshot

20.22 %

Household loan APR (1yr)

32.95 %

SME loan APR (1yr)

Key facts

Household loan APR (1yr)	20.22 %
SME loan APR (1yr)	32.95 %
Average lending rate	10 %
Spread over GRR	-13.80 %
BoG licence status	Licensed universal bank, reporting in the Bank of Ghana APR release