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.
In the second quarter of 2026, foreign-controlled banks accounted for a significant portion of secured credit registered by banks, with GH¢14.1 billion out of the total GH¢19.9 billion registered, according to the Collateral Registry Report. This represented a 71.1% share, reflecting a 19.3% increase from the previous quarter's value of GH¢11.8 billion.
Indigenous banks contributed with GH¢5.7 billion in secured credit during the period, marking a substantial year-on-year growth of 112.4% from GH¢2.7 billion in the same quarter of 2025.
Large Enterprises were the primary recipients of secured credit, acquiring GH¢13.8 billion, equal to 43.9% of the total registered credit, which marked an 18.3% year-on-year increase. Other Borrowers received GH¢10.1 billion, accounting for 32.0% of the total credit.
The second quarter of 2026 also saw a notable rise in secured credit provided to Small and Medium Enterprises (SMEs), with advances growing by 28.9% to GH¢3.8 billion compared to GH¢2.9 billion in the same period the previous year. The sectoral distribution revealed that the Construction sector received the largest share, with GH¢9.9 billion, or 31.4% of the total registered credit.
The Commerce and Finance sector experienced a 25.9% increase, while the Services sector saw an even more significant 154.8% expansion in secured lending.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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