{
  "id": 7294580,
  "title": "Banks wrote off GH¢1.23bn as bad debt in the half-year 2026",
  "url": "https://urgent.news/2026/09/14/banks-wrote-off-gh-1-23bn-as-bad-debt-in-the-half-year-2026-7294580",
  "topic": "world",
  "section": "World",
  "published": "2026-09-14T10:05:00.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/banks-wrote-off-gh%c2%a21-23bn-as-bad-debt-in-the-half-year-2026/"
  },
  "original_language": "en",
  "account": "In the first half of 2026, Ghanaian banks recorded a GH¢1.23 billion write-off in bad debt, marking a 38% increase compared to the June 2025 figure of GH¢893.0 million. The Monetary Policy Report for July 2026 highlighted that asset quality risks persisted in the banking sector despite the improvements in key indicators. The non-performing loan (NPL) ratio dropped to 16.1% in June 2026, down from 23.1% in June 2025, while the NPL ratio adjusted for fully provisioned loan loss decreased to 4.6% from 8.5% over the same period. The total stock of non-performing loans fell to GH¢19.9 billion in June 2026, compared to GH¢20.7 billion a year earlier. These figures suggest a positive trend in credit risk conditions, although vulnerabilities in asset quality still pose a concern. The breakdown of NPLs continued to be dominated by private sector credit, accounting for 98.0% of the NPLs in June 2026, up from 96.4% in the previous year. Meanwhile, the public sector's share of NPLs declined to 2.0% from 3.6% over the same time frame, aligning with the sectoral composition of industry credit exposures.",
  "summary": "Banks operating in Ghana wrote off GH¢1.23 billion in the first-half of 2026, according to the highlights of the Domestic Money Banks’ Income Statement. This was 38% year-on-increase over that of GH¢893.0 million recorded in June 2025. The provision was classified as loan losses and depreciation. According to the July 2026 Monetary Policy Report, the […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "Banks wrote off GH¢1.23bn as bad debt in half-year-2026",
        "url": "https://urgent.news/2026/09/14/banks-wrote-off-gh-1-23bn-as-bad-debt-in-half-year-2026",
        "published": "2026-09-14T00:48:36.000Z"
      }
    ]
  },
  "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."
}