Secured Loan Value Rises 73% to GH¢31.5bn in Q2 2026
Total secured credit advanced in Q2 2026 reached GH¢31.5 billion, up 73.4% YoY from GH¢18.2 billion in Q2 2025.
In Brief
- •Total secured credit advanced in Q2 2026 reached GH¢31.5 billion, up 73.4% YoY from GH¢18.2 billion in Q2 2025.
- •Banks dominated the market, registering GH¢19.9 billion (63.1% of total), a 36.6% increase over Q2 2025.
- •Foreign‑controlled banks accounted for GH¢14.1 billion (71.1% of banks’ secured credit), up 19.3% YoY; indigenous banks grew 112.4% to GH¢5.7 billion.
- •Other lenders contributed GH¢8.3 billion (26.3% of total).
- •Q1 to Q2 2026 saw a 57.5% rise in total secured credit; banks up 21.5%, rural & community banks up 12.2%; savings & loans, micro finance, micro credit institutions declined.
Why It Matters
The sharp rise in secured loan value signals a tightening of credit conditions and a growing appetite for collateral‑backed financing in Ghana’s banking sector. A larger secured loan pool can enhance financial stability by reducing default risk, but it also reflects heightened competition among banks, especially foreign‑controlled institutions, for market share. The growth of indigenous banks in secured lending may indicate a shift toward more locally‑oriented credit provision, potentially improving access for small and medium enterprises.
Key Details
- Total Secured Credit Q2 2026
- GH¢31.5 billion
- YoY Growth
- 73.4%
- Banks’ Secured Credit
- GH¢19.9 billion (63.1%)
- Foreign‑Controlled Banks Share
- GH¢14.1 billion (71.1% of banks)
- Indigenous Banks Growth
- 112.4% to GH¢5.7 billion
- Q1‑Q2 2026 Growth
- 57.5%
Context & Background
The Bank of Ghana’s Second Quarter Brief on the Collateral Registry provides quarterly snapshots of secured credit activity, offering insight into the health and composition of the country’s credit market.
Original Reporting & Sources
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