
Ghana's Banking Sector Profits Fall to GH¢7.1bn
Ghana's banks stayed profitable in H1 2026, but low interest rates and rising loan provisions dragged earnings down for the first time in years.

Ghana's banks stayed profitable in H1 2026, but low interest rates and rising loan provisions dragged earnings down for the first time in years.

The Bank of Ghana has named 20 unlicensed digital credit apps, warning banks and payment providers against processing their transactions.

Fidelity Bank Ghana has convened regulators, investors and market leaders to discuss how Ghana can turn improving macroeconomic stability into long-term capital for productive investment.

Universal Merchant Bank says it has become Ghana’s first bank approved by both the Bank of Ghana and SEC to offer virtual accounts to eligible businesses in the virtual asset ecosystem.

The latest PwC Banking Survey warns Ghanaian commercial lenders that relying on high interest margins is over, demanding aggressive strategic repositioning.

UBA Ghana has emerged as the top bank for customer satisfaction in the 2025 Ghana Customer Satisfaction Index, scoring 98.70% and ranking second in service quality.

CalBank has reported a 25% increase in first-half 2026 profit before tax to GHS353.6 million, driven by strong growth in net interest income, fees, customer deposits and improved asset quality.

Analysis shows Bank of Ghana’s policy costs are essential for stabilising inflation, exchange rates, and economic confidence.

Fan Milk PLC reports strong Q1 2026 results with revenue up 33% and profit before tax rising 84%, driven by improved margins and efficiency.

Finance Minister Cassiel Ato Forson files tax returns and calls for stronger tax compliance to support national development.

Ghana begins IMF sixth review with focus on sustaining economic recovery, boosting private sector growth, and advancing reforms.

Finance Minister says Ghana’s IMF programme has stabilised the economy as the sixth review begins, with focus shifting to jobs and long-term reforms.