However, GNCCI expressed concern that commercial bank lending rates remain relatively high despite the significant cuts in the policy rate. GNCCI has therefore called on commercial banks to complement the Bank of Ghana’s easing measures by reducing non-interest charges and improving the transmission of monetary policy to borrowers. It also urged banks to make greater use of risk-sharing mechanisms and credit enhancement frameworks to lower lending risks and borrowing costs. The Chamber, however, expresses concern on commercial bank lending rates which remain relatively high despite these significant reductions in the policy rate. The Chamber further encourages banks to leverage risk-sharing mechanisms and credit enhancement frameworks to reduce lending risks and lower borrowing costs.