• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

3 hours ago
in Banking & Finance, Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
15
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

Ghana’s banking sector wrote off GHS 893 million in the first half of 2025, representing a 14.8% decline compared with the same period last year, according to the Bank of Ghana’s July 2025 Domestic Money Banks Income Statement.

The write-offs, which covered loan losses, depreciation, and other provisions, were lower than the GHS 1.05 billion recorded in the first half of 2024. The central bank attributed the reduction to improvements in asset quality and tighter credit risk management practices across the industry.

The data showed that the industry’s non-performing loans (NPL) ratio declined to 23.1% in June 2025, down from 24.2% a year earlier. When fully provisioned loan losses are excluded, the adjusted NPL ratio stood at 8.5%, compared with 10.8% in June 2024, reflecting a lower stock of sub-standard loans.

According to the central bank, the moderation in the NPL ratio was driven by slower growth in impaired loans relative to total advances. The total NPL stock rose marginally by 1.3% to GHS 20.7 billion in June 2025, from GHS 20.4 billion in the same period of 2024, despite a decline in the share of foreign currency-denominated NPLs.

The private sector continued to dominate the loan book and accounted for the bulk of bad loans. The proportion of NPLs attributed to the private sector edged up to 96.4% in June 2025, from 95.6% a year earlier, while the public sector’s share eased to 3.6%.

By sectoral classification, the commerce and finance sector, as well as agriculture, forestry, and fishing, recorded increases in their NPL ratios during the review period. In contrast, the manufacturing sector’s NPL ratio remained unchanged from June 2024 levels.

RelatedPosts

Inflation to Remain Within 8+/-2 Target Band by End-Q4, Says BoG Governor

BoG to Begin $1.1bn FX Intermediation Under Domestic Gold Purchase Programme this October

Ghana Aims for Victory Against Central African Republic in Crucial World Cup Qualifier

Analysts note that while the gradual decline in bad loan ratios signals improving credit quality, elevated NPL levels remain a key concern for profitability and capital adequacy. The banking sector continues to recover from the aftershocks of the Domestic Debt Exchange Programme (DDEP), which eroded capital buffers in 2023.

Tags: bad loansBanksBanks Write off GHS 893m in Bad Loans for First Half of 2025BOG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

Former Bank of Ghana Deputy Governor Wins Inaugural Women in Leadership Fellowship at Oxford

Banking Industry: Non-Performing Loans Edge Higher to GHS 20.7bn

‘The Gulf of Guinea is our Wall Street, IMF, and World Bank Combined’, Says Air Vice Marshal Hanson 

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale

Trending

Banking & Finance

Inflation to Remain Within 8+/-2 Target Band by End-Q4, Says BoG Governor

October 7, 2025

Inflation to Remain Within 8+/-2 Target Band by End-Q4, Says BoG Governor Governor of the Bank of...

BoG to Begin $1.1bn FX Intermediation Under Domestic Gold Purchase Programme this October

October 7, 2025

Ghana Aims for Victory Against Central African Republic in Crucial World Cup Qualifier

October 7, 2025

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

October 7, 2025

Former Bank of Ghana Deputy Governor Wins Inaugural Women in Leadership Fellowship at Oxford

October 7, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.