Banks operating in Ghana remain sound, profitable and well capitalised.

According to the Bank of Ghana, the financial soundness indicators, including solvency, profitability, asset quality, and efficiency indicators all point to relative improvement in year-on-year terms.

The Non-Performing Loan (NPL) ratio declined to 19.5% in October 2025, from 22.7% in October 2024.

This was driven by a pickup in bank credit and a contraction in the stock of NPLs.

However, credit risks remain elevated.

Looking ahead, the Central Bank said the policy actions to recapitalise the few undercapitalised banks and full implementation of the new regulatory guidelines aimed at reducing NPLs would further strengthen the banking industry.