Ghana's banking sector assets grow to GH₵500.2bn in August 2026

The Bank of Ghana (BoG) has announced that the total assets within the country's banking sector reached a valuation of GH₵500.20 billion as of August 2026. This represents a robust year-on-year growth of 20.47 percent, up from the GH₵415.20 billion recorded during the same period in 2025. Governor Dr. Johnson Pandit Asiama shared these figures, highlighting a period of sustained recovery and expansion for the domestic financial industry following previous economic headwinds.

A key indicator of this renewed stability is the report that all 23 licensed banks in Ghana currently satisfy the central bank's regulatory capital requirements. This full compliance marks a turning point for the sector, which has faced various structural challenges in recent years. Furthermore, the industry's Capital Adequacy Ratio (CAR)—a critical measure of a bank's available capital used to protect depositors and promote the stability of the financial system—has improved to 19.10 percent.

Despite the positive growth in assets and capital, the Bank of Ghana remains focused on addressing asset quality issues within the credit market. While the Non-Performing Loan (NPL) ratio has seen a reduction, it currently stands at 15.66 percent. Dr. Asiama emphasized that the central bank is committed to further tightening oversight to drive this figure down. The regulator has set a clear target to reduce the NPL ratio to below 10 percent by December 2026, aiming to bolster the overall health of the financial system and encourage more lending to productive sectors of the economy.