Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Banks operating in Ghana wrote-off GH¢1.39 billion as bad debt in the 10-months of 2025.
This was 56.7% more than the 1.0% increase in October 2024.
According to the Domestic Money Banks Income Statement, the total provision were made up of loan losses, depreciation & others. In October 2024, the government wrote-off GH¢3.22 billion.
Meanwhile, the banking industry’s asset quality improved during the period under review.
The industry’s NPL ratio declined to 19.5% in October 2025, from 22.7% in October 2024.
This ratio also improved from 9.4% in October 2024 to 6.8% at end-October 2025 when adjusted for the fully provisioned loan loss category.
This reflected a decrease share of sub-standard and an increase in doubtful and loss loans in the NPL stock.
Source: newsthemegh.com