Bank of Ghana Reports Sharp Drop in Public Sector Loans in February 2026

In February 2026, Ghana's banks reduced lending to the public sector significantly, reflecting cautious risk management amid fiscal consolidation. Meanwhile, private sector credit grew robustly, especially in services and mining, indicating private sector resilience. The shift away from government borrowing towards private credit and T-bills suggests a strategic adjustment within the banking industry, which policymakers will likely monitor closely.