The Ghana Association of Bankers, has disputed claims that the high interest rates they charge their customers is a disincentive to economic growth.
There have been concerns that the low rates of inflation and macro stability is not reflecting in the interest rates.
Speaking to GBC�s Radio Ghana, the President of the Association, Asare Akuffo, urged government to improve the address and identification systems to allow for easy identification of customers to reduce bad debts.
Source: GBC
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