Bank of Ghana: GH¢31.5bn Secured Loans Q2 2026 Value Soars

• Ghana's total secured credit reached GH¢31.5 billion in the second quarter of 2026, according to the Bank of Ghana.
• This represents a 73.4% year-on-year increase from GH¢18.2 billion in Q2 2025 and a 57.5% quarter-on-quarter rise.
• Banks accounted for GH¢19.9 billion (63.1%) of the total secured credit, marking a 36.6% increase from the previous year.
• Foreign-controlled banks registered GH¢14.1 billion, while indigenous banks showed strong growth with GH¢5.7 billion, a 112.4% year-on-year increase.

The Bank of Ghana's analysis accompanying the Ghana Collateral Registry Q2 2026 report indicates that while foreign-controlled banks maintain their dominance in secured lending, indigenous banks are experiencing steady and significant expansion.

The Bank of Ghana's Second Quarter Brief on the 2026 Collateral Registry has revealed a significant surge in secured credit, with the total value of loans advanced and registered reaching GH¢31.5 billion during the second quarter of 2026. This substantial figure represents a robust year-on-year expansion of 73.4% when compared to the GH¢18.2 billion recorded in the corresponding period of 2025. The data underscores a rapidly growing landscape for secured transactions within the Ghanaian financial sector, highlighting the robust Ghana secured credit value 2026.

Furthermore, the period between the first and second quarters of 2026 saw a considerable quarter-on-quarter increase in the overall value of secured credit, rising by 57.5%. This consistent upward trajectory highlights a dynamic and expanding market for secured lending across Ghana, as detailed in the latest Bank of Ghana secured transactions statistics. The robust growth in the Bank of Ghana GH¢31.5bn secured loans Q2 2026 indicates increasing confidence and activity in collateralized financing.

Within this burgeoning market, banks continue to play a dominant role, accounting for the largest share of registered secured credit. In the second quarter of 2026, banks registered GH¢19.9 billion in secured loans, which constitutes 63.1% of the total value reported. This represents a notable 36.6% increase from the GH¢14.5 billion registered by banks in the second quarter of 2025, demonstrating their sustained leadership in the Ghana banking sector secured lending trends.

Other financial institutions also contributed significantly, with other lenders collectively registering GH¢8.3 billion, making up 26.3% of the total secured credit value. While banks and Rural and Community Banks experienced quarter-on-quarter increases of 21.5% and 12.2% respectively, the report also noted declines for Savings and Loans, Micro Finance Institutions, and Micro Credit Institutions during the same period. This varied performance across different institutional categories paints a nuanced picture of the market's evolution.

A closer examination of the banking sector reveals a clear distinction in the contributions of foreign-controlled versus indigenous banks to the overall secured lending landscape. Foreign-controlled banks registered a substantial GH¢14.1 billion in secured credit during the second quarter of 2026, representing 71.1% of the total GH¢19.9 billion registered by all banks. This figure marks a 19.3% increase from the GH¢11.8 billion recorded by foreign-controlled banks in the second quarter of 2025.

Conversely, indigenous banks demonstrated impressive growth, registering GH¢5.7 billion in secured credit during the review period. This reflects a remarkable year-on-year growth of 112.4% from their GH¢2.7 billion total in the second quarter of 2025. The Bank of Ghana's analysis accompanying the Ghana Collateral Registry Q2 2026 report indicates that while foreign-controlled banks maintain their dominance in secured lending, indigenous banks are experiencing steady and significant expansion, contributing to the overall dynamism of foreign vs indigenous banks Ghana secured loans.

The latest data from the Bank of Ghana's Collateral Registry highlights a robust and rapidly expanding secured lending market in Ghana, with the total value reaching GH¢31.5 billion in Q2 2026. This significant growth, particularly the 73.4% year-on-year increase, underscores the increasing reliance on collateralized transactions within the financial system. The continued dominance of banks, especially foreign-controlled institutions, in registering the majority of secured credit, provides critical insights into market concentration and operational strategies.

The varying performance among different types of lenders, including the strong growth of indigenous banks and the declines observed in some microfinance segments, suggests an evolving competitive landscape. These trends, as captured by the Ghana Collateral Registry Q2 2026 report, are crucial for understanding the allocation of credit, risk management practices, and the overall health of Ghana's financial sector. The sustained expansion of secured credit indicates a maturing market with increasing sophistication in financial instruments and risk mitigation.

Lawyers and compliance officers involved in finance and banking in Ghana should leverage this data to understand the significant growth and market dynamics of secured lending, informing client advice on transaction structuring, risk assessment, and strategic positioning within the Ghanaian financial sector.

Source: Insights derived from Joy Business reporting.