Private sector loans by Ghanaian banks increased to GH¢92.2 billion in April 2025, up from GH¢77.9 billion in April 2024, according to a Bank of Ghana report.
Despite the GH¢14.3 billion increase, the annual private sector credit growth rate slowed, declining by 10.2 percentage points, from 28.5 percent to 18.3 percent.
The report noted that the banking sector’s total assets also saw significant growth, reaching GH¢390.1 billion in April 2025, a GH¢83.4 billion rise from GH¢306.7 billion in 2024.
However, asset expansion slowed, with growth easing from 35.8 percent to 27.2 percent.
Deposits followed a similar trend, rising to GH¢289.5 billion, up GH¢53.3 billion from GH¢236.2 billion in 2024. Yet, the deposit growth rate declined, dropping from 26.2 percent to 22.6 percent.
The report further highlighted key financial soundness indicators in Ghana’s banking sector, including Capital Adequacy Ratio (CAR), Non-Performing Loans (NPL), and Return on Equity (ROE).
CAR improved slightly to 17.6 percent, up 0.5 percentage points, while NPL decreased to 17.4 percent from 17.6 percent.
Profitability indicators showed mixed results, with Return on Assets (ROA) rising to 4.0 percent from 3.9 percent, while ROE declined to 24.3 percent from 25.1 percent.
Net Interest Margin (NIM) increased to 12.9 percent, up 0.6 percentage points.
Meanwhile, liquidity ratios softened to 44.0 percent from 45.4 percent, and the cost-to-income ratio increased to 44.0 percent from 43.1 percent.
GNA