The year saw significant balance sheet growth in the rural and community banking sector – BoG

by Mawuli
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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

Ghana’s rural and community banking sector recorded strong balance sheet growth in the year to March 2026, with total assets rising by 24.84% to GH¢25.31 billion, supported by increased deposits, stronger shareholders’ funds and a sharp expansion in loans and advances.

Data from the Bank of Ghana’s consolidated assets and liabilities of rural and community banks showed that total assets increased from GH¢20.27 billion in March 2025 to GH¢25.31 billion in March 2026.

This represents an increase of GH¢5.04 billion over the 12-month period, underscoring the continued importance of rural and community banks in financial intermediation, especially in areas underserved by universal banks.

Source: newsthemegh.com

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