Banks in Ghana wrote off GH¢394.8 million in bad debt in February 2026. This represents a sharp 43.4% increase compared to February 2025. The losses mainly came from loan defaults, depreciation, and bad debt provisions. In February 2025, banks had recorded a lower provision of GH¢275.2 million. According to the Bank of Ghana report, asset quality risks in the banking sector remain high.
However, the Non-Performing Loan ratio improved, dropping from 22.6% to 18.4%. The total stock of bad loans also fell slightly to GH¢19.9 billion. Most of these non-performing loans came from the private sector, which now accounts for 98.1% of the total.
About The Author
