{
  "id": 8760382,
  "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-8760382",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T19:46:24.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "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": "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.\n\nIndigenous 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.\n\nLarge 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.\n\nThe 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.",
  "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": [],
  "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."
}