Ghana’s banking sector enjoying healthy profitability metrics – Fitch

“The banking sector remains solvent, profitable, and liquid, alongside improving asset quality. In August 2026, total assets of the sector increased by 20.5 percent, year-on-year, to GH¢500.2 billion, supported by robust deposit mobilisation and growth in other funding sources. The capital adequacy ratio of the banking system improved further to 19.1 per cent in August 2026 from 18.3 per cent in August 2025. Asset quality also improved, with the Non-Performing Loan (NPL) ratio declining to 15.7 percent from 20.8 percent over the same period, supported by the strong rebound in credit growth. Despite the improvement in the industry’s asset quality, credit risk remained elevated. Banks are, therefore, expected to adhere to the NPL guidelines to bolster confidence in the financial system,” he said during the 132nd MPC press conference in Accra on Thursday, September 24.