{
  "id": 1549498,
  "title": "Banking sector deposits jump 25% to GH¢334.3bn in 2025 — PwC",
  "url": "https://urgent.news/2026/08/17/banking-sector-deposits-jump-25-to-gh-334-3bn-in-2025-pwc",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T19:53:53.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/banking-sector-deposits-jump-25-to-gh%c2%a2334-3bn-in-2025-pwc/"
  },
  "original_language": "en",
  "account": "Ghana's banking sector saw a substantial jump in customer deposits in 2025, with total deposits soaring 25% from GH¢266.5 billion in 2024 to GH¢334.3 billion, according to the PwC Ghana Banking Survey 2026. This growth was driven by improved macroeconomic stability, heightened customer confidence, and the expansion of branch and agency banking networks, alongside the rising adoption of digital banking services. Deposits across all major categories saw an uptick, indicating robust mobilization by banks and evolving customer preferences for savings and investment options. Current accounts surged by 15.8% to GH¢184.9 billion in 2025, fueled by heightened transaction banking activity. Time deposits demonstrated the most significant growth, jumping 56.8% to GH¢49.2 billion, while call deposits climbed 37.5% to GH¢16.7 billion. The sharp increases in time and call deposits suggest customers responded favorably to enticing fixed-term investment products. This overall deposit growth provides banks with a larger pool of funds to support lending, investment, and other financial activities, reflecting increased trust in the formal banking system. However, the survey revealed that deposits remained heavily concentrated among the top three banks. GCB Bank, Ecobank Ghana (EBG), and Stanbic Bank Ghana (SBG) collectively controlled nearly one-third of total industry deposits in 2025, with GCB Bank leading with 12.37% market share, followed by EBG at 10.52% and SBG at 7.80%. Their dominance underscores the continued influence of large banks boasting extensive branch networks, strong retail and corporate customer bases, and well-developed digital banking platforms. The survey also highlighted notable advancements by individual banks. OmniBSIC Bank (OBL) made a significant leap, rising from 13th place in 2024 to fifth in 2025, securing a 6.0% market share. This improvement was attributed to targeted customer acquisition strategies and growth in retail and SME deposits. Zenith Bank Ghana (ZBL) also strengthened its position, increasing its deposit share from 5.9% to 6.3%, supported by focused deposit mobilization and digital banking initiatives. First Atlantic Bank (FABL) expanded its share to 4.9%, driven by sustained customer retention and improved business banking services. The deposit growth in 2025 signals a strengthening funding base for Ghana's banking sector, following a period of substantial macroeconomic and financial sector pressures. The shift towards time deposits also suggests a growing willingness among customers to commit funds for fixed periods in exchange for investment returns, while the increase in current accounts reflects ongoing demand for transaction-focused banking services. Despite the broad-based growth, the market remains competitive yet concentrated, with the leading institutions retaining a substantial share of industry deposits. Banks outside the top tier face the challenge of sustaining customer acquisition and retention while expanding digital services, agency networks, and products that attract both retail and business customers.",
  "summary": "Ghana’s banking industry recorded a significant increase in customer deposits in 2025, with total deposits rising by 25 per cent from GH¢266.5 billion in 2024 to GH¢334.3 billion, according to the PwC Ghana Banking Survey 2026.",
  "key_points": [
    "Ghana's banking sector deposits increased by 25% to GH¢334.3 billion in 2025.",
    "Time deposits grew by 56.8% to GH¢49.2 billion, showing strong investment interest."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Banking sector deposits jump 25% to GH¢334.3bn in 2025 — PwC",
        "url": "https://urgent.news/2026/08/17/banking-sector-deposits-jump-25-to-gh-334-3bn-in-2025-pwc-1555253",
        "published": "2026-08-17T19:53:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}