The Bank of Ghana has expressed worry about the elevated credit risk which it says remains a major concern.

This is despite the banking industry’s Non-performing Loan (NPL) ratio improving to 20.8% compared to 24.8% last year, due to growth in bank credit and contraction in NPL stock.

According to a release by the Bank after the review of the economy by the Monetary Policy Committee, the Central Bank, however, said adherence to the recapitalisation plans and full implementation of the Bank’s regulatory guidelines to lower NPLs will further enhance resilience of the banking sector.

Meanwhile, the banking sector recorded strong performance over the first eight months of 2025.

According to the Central Bank, this came with continued asset growth and improved profitability, asset quality, and efficiency indicators.

The industry’s Capital Adequacy Ratio (CAR), without regulatory reliefs, increased to 17.7% in August 2025, from 10.2% in August 2024.