Collateral Registry: Foreign banks accounted for GH¢19.9bn of secured credit in quarter 2, 2026
On the other hand, indigenous banks registered total credit of GH¢5.7 billion during the review period. This corresponds to a year-on-year growth of 112.4% from GH¢2.7 billion recorded in the second quarter of 2025.
Foreign-owned banks led secured credit registrations in the second quarter of 2026, according to the Collateral Registry Report. They secured GH¢14.1 billion, accounting for 71.1% of the GH¢19.9 billion registered across banks. This represented a 19.3% increase from the second quarter of 2025, when foreign banks held GH¢11.8 billion.
Indigenous banks saw a significant rise in secured credit, with total credit reaching GH¢5.7 billion. This marked a remarkable 112.4% increase from GH¢2.7 billion recorded in the same period the previous year. The data highlights the growing presence of indigenous banks in the secured lending market.
Large enterprises secured a substantial portion of the credit, with GH¢13.8 billion, or 43.9% of the total registered secured credit. This figure represented an 18.3% increase year-on-year. Other borrowers accounted for 32.0% of the credit, totaling GH¢10.1 billion.
Small and medium enterprises (SMEs) experienced a notable surge in secured credit, with advances rising by 28.9% to GH¢3.8 billion. This was an increase from GH¢2.9 billion in the previous quarter.
The construction sector received the largest share of registered secured credit, accounting for 31.4% of the total, or GH¢9.9 billion. Meanwhile, the commerce and finance sector saw a 25.9% increase, with credit values growing from GH¢6.4 billion to GH¢8.1 billion. The services sector also saw significant expansion, with secured lending increasing by an impressive 154.8%.
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