Ghana’s Banking Sector Bounces Back With 21% Growth Driven By Domestic Investments

Ghana’s banking sector is showing positive signs of recovery, with total industry assets reaching GH¢465.4 billion as of February 2026, marking a 21% increase year-on-year. This growth, while slower than last year, indicates a shift toward more sustainable expansion, driven mainly by increased domestic asset accumulation and improved funding conditions. The sector’s focus on domestic assets is particularly notable, with these now accounting for 93.8% of total industry assets, up from 88% the pr…