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Loans and advances increased by 39% to GH¢124.3bn in June 2026

By GhanaSummary Newsroom1 min read
Loans and advances increased by 39% to GH¢124.3bn in June 2026

According to the July 2026 Monetary Policy Report, the expansion in credit was driven primarily by stronger lending to the private sector, with credit extended to private enterprises and households rising by 39.

As a result, the private sector's share of total credit increased to 96.3% recorded for the leading sectors a year earlier, indicating a modest diversification in the sectoral distribution of credit.

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