# Ghanaian secured lending market expansion

> Live situation record from CLSTR: https://clstr.news/situations/ghanaian-secured-lending-market-expansion
> Updated: 2026-09-25T07:17:52.000Z. Sources: 13. Developments: 2.

In the second quarter of 2026, Ghana’s secured lending market experienced rapid expansion, reaching a total value of GH¢31.48 billion. This represented a 73.4% increase compared to the GH¢18.15 billion recorded in the second quarter of 2025.

Data from the Bank of Ghana’s Collateral Registry shows that banks were the primary drivers of this growth, accounting for 63.1% of the total secured credit value. Within this sector, foreign-controlled institutions controlled 71.1% of secured lending, though indigenous Ghanaian banks saw their contribution more than double from GH¢2.70 billion to GH¢5.74 billion.

## Timeline

### 2026-09-25: India and Ghana report significant growth in credit and banking sector stability

India's retail credit grew 19.2% to ₹178.6 lakh crore by June 2026, while Ghana's banking sector shows improved solvency and asset quality.

8 sources. https://clstr.news/cluster/india-and-ghana-report-significant-growth-in-credit-and-banking-sector-stability

### 2026-09-20: Ghana secured lending market reaches GH¢31.5 billion in Q2 2026

Ghana's secured credit market grew to GH¢31.5 billion in Q2 2026. Foreign-controlled banks dominate 71.1% of bank lending, though indigenous banks saw a 112.4% year-on-year growth.

5 sources. https://clstr.news/cluster/ghana-secured-lending-market-reaches-gh315-billion-in-q2-2026

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Cite as: Ghanaian secured lending market expansion. CLSTR, https://clstr.news/situations/ghanaian-secured-lending-market-expansion