Tag: vehicle loan
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Average interest on car loans drops to 34.2% in March 2017
The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017, the latest Annual Percentage Rates and Average Interest report by the Bank of Ghana has shown. The report however shows that GCB Bank offers the highest rate on vehicle loans at 40.3%. Bank of Baroda…