Ghana's total value of issued and registered secured lending reached 31.5 billion Ghanaian cedis in the second quarter of 2026, according to a MyJoyOnline report. This represents a 73.4% increase compared to the same period in 2025, when the figure stood at 18.2 billion cedis.
The surge in secured lending reflects growing activity in Ghana's credit market, where borrowers use assets as collateral to obtain loans. Secured lending is often seen as a key indicator of financial sector confidence and access to credit for businesses and individuals.
The data, reported by MyJoyOnline, highlights a significant year-on-year expansion. However, the report did not provide further details on the drivers behind the increase or the specific sectors contributing to the growth.
As of September 2026, this figure remains the most recent available for Ghana's secured lending market. Further updates are expected when subsequent quarterly data is released.
