Economy
Banks wrote off GH¢1.86bn as bad debt as of August 2026
Banks operating in Ghana wrote off GH¢1.86 billion as bad debt as of August 2026. This is a 76.3% increase over GH¢1.05 billion recorded during the same period in 2025. According to the Banks’ Income Statement published by the Bank of Ghana, the provision is made up of loan losses, depreciation, among others. The…
Joy BusinessBy Charles Nixon
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Read at Joy Business →Original headline: “Banks wrote off GH¢1.86bn as bad debt as of August 2026”
- Banking and Finance
- Business
- Bad debt
- BoG
- Depreciation
- Loan losses