The bank of Ghana has revealed a list of banks who churn out the cheapest car loans in Ghana today.
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In the latest ranking, the Bank of Baroda came up as the best bank in Ghana with a loan interest of 24.3 percent. Stanbic Bank came through as the second bank with the cheapest interest of 28.3 percent with Zenith Bank following with 29 percent of interest.
The report by the bank of Ghana follows concerns over the high cost of doing business in the country as businesses are said to be given loans at high and unbearable rates.
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