Savings and Loans Sector profit hits GHc515m in 2025, NPL ratio improves

By Prince Antwi July 2, 2026

Ghana’s Savings and Loans sector recorded a significant improvement in performance in 2025, posting a profit of GH¢515.32 million, up from GH¢141.57 million in the previous year.

This is according to the 2025 Bank of Ghana Annual Report and Financial Statement, which also showed improvements in key financial soundness indicators across the sub-sector.

The Capital Adequacy Ratio (CAR) for Savings and Loans institutions rose to 3.5 percent at the end of December 2025, up from -0.6 percent in 2024. However, it remains below the regulatory minimum requirement of 10.0 percent.

Asset quality also improved during the period, with the Non-Performing Loan (NPL) ratio declining to 11.8 percent from 15.0 percent a year earlier.

The number of licensed Savings and Loans companies remained unchanged at 26 as of December 2025.

Total assets for the sub-sector grew strongly, reaching GH¢12.63 billion, representing a 31.2 percent year-on-year increase.

In the wider microfinance space, the Bank of Ghana report indicated that the number of licensed microfinance institutions stood at 172 by the end of 2025.

Total assets in the microfinance segment rose to GH¢3.06 billion, reflecting 55.5 percent growth, compared to 35.7 percent in the previous year. Deposits also increased by 27.8 percent year-on-year.

The report noted that average sector-wide financial indicators remained relatively strong, with Capital Adequacy Ratio and Non-Performing Loan ratios averaging 22.1 percent and 26.4 percent respectively.

Overall, the Bank of Ghana said profitability improved across the sector during the review period, supported by stronger asset growth and improving credit performance, although capital adequacy challenges persist in parts of the Savings and Loans segment.