{
  "id": 8756447,
  "title": "Collateral Registry: Foreign banks accounted for GH¢19.9bn of secured credit in quarter 2, 2026",
  "url": "https://urgent.news/2026/09/20/collateral-registry-foreign-banks-accounted-for-gh-19-9bn-of-secured",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T19:46:24.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/collateral-registry-foreign-banks-accounted-for-gh%c2%a219-9bn-of-secured-credit-in-quarter-2-2026/"
  },
  "original_language": "en",
  "account": "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.\n\nIndigenous 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.\n\nLarge 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.\n\nSmall 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.\n\nThe 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%.",
  "summary": "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.",
  "key_points": [
    "Foreign banks secured GH¢14.1 billion in secured credit, 71.1% of total",
    "Indigenous banks saw 112.4% increase to GH¢5.7 billion secured credit",
    "Large enterprises accounted for 43.9% of total secured credit at GH¢13.8 billion"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}