GSB sets new loan rates for informal debt scheme

15 Sept 2026, 07:00 ICT·5d ago

The Government Savings Bank (GSB) announced new flat monthly interest rates for loans under its 'Solving Non-Formal Debt' program, ranging from 0.10% to 0.85% per month depending on collateral and borrower type. The new rates replace the previous schedule and took effect on July 22, 2026.

Context — no action needed.

• banking
• loans
• interest rates
• government scheme
• debt