Treasury bills constituted the largest component of banks’ investment portfolio in 2025.

According to the January 2026 Monetary Policy Report by the Bank of Ghana, its share increased from 40.3% in December 2024 to 62.3% in December 2025.

Similarly, the share of long-term securities, however, declined from 59.3% in December 2024 to 37.2% in December 2025.

This was in line with the growth moderation recorded during the reference period.

The report also stressed that the share of equity investments remained negligible but increased marginally from 0.4% percent in December 2024 to 0.5% in December 2025.

Meanwhile, the share of deposits in banks’ liabilities and shareholders’ funds decreased to 72.8% in December 2025 from 75.1% in December 2024, reflecting the slowdown in deposit growth in 2025.

The increase in borrowings, however, translated into an increased share of 8.5% in December 2025 from 7.6% in December 2024.

The proportion of shareholders’ funds in banks’ total funding also improved to 13.1% in December 2025 from 10.8% a year earlier, while the share of other liabilities declined from 6.3% to 5.4% during the same comparative period.