Total value of secured loans hits GH¢31.5bn in quarter 2 2026
According to the report, banks continued to dominate the secured transactions landscape by value of registered credit, accounting for a total value of GH¢19.9 billion, equivalent to 63.1% of total secured credit value registered in the second quarter of 2026.
In the second quarter of 2026, the total value of secured credit in Ghana reached GH¢31.5 billion, according to the Bank of Ghana's Second Quarter Brief on collateral registry. This marked a significant year-on-year growth of 73.4%, compared to the GH¢18.2 billion recorded in the same period last year.
Banks led the secured transactions market by value, with a total of GH¢19.9 billion, or 63.1% of the total secured credit registered. This represented a 36.6% increase year-on-year, from GH¢14.5 billion in the previous quarter. Other lending institutions contributed GH¢8.3 billion, accounting for 26.3% of the total.
When comparing the first and second quarters of 2026, the total value of secured credit grew by 57.5%. Banks and Rural and Community Banks saw increases of 21.5% and 12.2%, respectively. However, Savings and Loans, Micro Finance Institutions, and Micro Credit Institutions experienced declines in their secured lending activities.
Foreign-controlled banks dominated the secured lending landscape, registering GH¢14.1 billion of the GH¢19.9 billion in secured credit. This accounted for 71.1% of the total, a 19.3% increase from the GH¢11.8 billion recorded in the second quarter of 2025. Indigenous banks registered GH¢5.7 billion in secured credit, reflecting a remarkable year-on-year growth of 112.4% from the GH¢2.7 billion in the previous quarter.
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