Ghana’s Savings and Loans sector recorded a sharp improvement in financial performance in 2025, posting a profit of GH¢515.32 million, up significantly from GH¢141.57 million in 2024.
According to the 2025 Bank of Ghana Annual Report and Financial Statement, the sub-sector’s Capital Adequacy Ratio (CAR) improved to 3.5% at the end of December 2025, compared with -0.6% a year earlier. Despite the improvement, the ratio remained below the regulatory minimum requirement of 10%.
Asset quality also strengthened during the period, with the Non-Performing Loan (NPL) ratio declining to 11.8% in December 2025 from 15.0% at the end of December 2024.
The report said the number of licensed Savings and Loans companies remained unchanged at 26 as of December 2025. Total assets, however, rose by 31.2% year-on-year to GH¢12.63 billion, reflecting continued growth across the sub-sector.
In the microfinance industry, the number of licensed Microfinance Institutions (MFIs) stood at 172 at the end of December 2025. Their combined assets increased by 55.5% year-on-year to GH¢3.06 billion, a marked acceleration from the 35.7% growth recorded in 2024.
Customer deposits also expanded, rising by 27.8% over the year.
The report further noted that the average Capital Adequacy Ratio and Non-Performing Loan ratio for the microfinance sector stood at 22.1% and 26.4%, respectively, at the end of December 2025. Overall, profitability across the sector improved during the review period.