Letshego Ghana Delivers Strong and Stable H1 2025 Results, Driven by Solid Business Fundamentals
Letshego Ghana Savings and Loans PLC has announced a strong and stable financial performance for the half year ended 30th June 2025 during its “Facts behind the Figures” engagement with the Ghana Stock Exchange. Despite ongoing economic pressures, the business continues to show resilience, underpinned by strong fundamentals and the realignment of key macroeconomic levers.
For the period under review, customer deposits surged by 130% to GHS 674 million, with retail deposits rising by 104%, reinforcing the company’s progress in mobilising more stable and lower-cost funding sources. Total assets increased by 2% year-on-year to GHS 1.73 billion, driven largely by an 8% growth in gross loans.
Letshego Ghana’s total equity closed at GHS 323 million, supported by a robust capital adequacy ratio of 18.6%, well above regulatory requirements. The increase in cash and cash equivalents by 147% significantly enhanced liquidity, aligning with the nature of the company’s short-term, high-volume transactional lending model.
On the income side, the company posted a 38% year-on-year increase in net interest income, with total operating income rising 13% to GHS 213 million. This performance was driven by product diversification, particularly in mobile loans and the growing deduction-at-source portfolio.
Speaking at the session, the Chief Executive Officer of Letshego, Nii Amankra Tetteh said “Our performance reflects continued discipline in operations, deeper customer insights, and a clear commitment to financial inclusion. We are particularly proud of our success in driving retail deposit mobilisation and maintaining a strong liquidity position to support future growth.”
Letshego Ghana commits to align its operations with its Environmental, Social, and Governance (ESG) priorities. Recent initiatives include a GHS 200 million solar energy financing partnership with the Catholic Church, which reflects the company’s role as a catalyst for sustainable development and inclusive impact.
The Chief Commercial Officer, Mr. Sam Donkor, added, “With a growing loan book, diversified revenue streams, and sound capital buffers, we are well-positioned to scale impact-led finance. Our strong liquidity and evolving digital infrastructure are key enablers as we target new segments and deepen existing relationships.”
At the session, Ms. Abena Amoah, Managing Director of the Ghana Stock Exchange, commended Letshego Ghana for its commitment to sustainable and impact-led finance. She encouraged the company to consider issuing green, social, or gender bonds, highlighting GSE’s readiness to support such initiatives. Ms. Amoah also congratulated Letshego on its 10-year milestone on the Exchange, noting its consistent performance with 46 issuances and over GHS 675 million raised to drive meaningful impact and wealth creation in communities.
Letshego Ghana Savings and Loans PLC is a licensed financial services provider, providing loans to individuals across the public and private sectors, as well as supporting Micro and Small Entrepreneurs. The company is a wholly owned subsidiary of Letshego Group and operates as a non-bank financial institution with 10 physical outlets and a staff complement of over 100 employees.
