GCB Raises Share of Ghana’s Credit Market to 17.8% as Lending Lead Grows

GCB Bank took 17.8% of Ghana’s credit market in 2025, widening its lead as the country’s banks expanded lending. The figure marks a steady rise from 12.0% in 2023 and 15.4% in 2024.

The increase came as total industry loans and advances climbed 23.4%, reaching GH¢105.1 billion from GH¢85.1 billion a year earlier. PwC attributed the broader expansion to lower lending rates, improving macroeconomic stability and stronger demand for working capital and investment financing.

GCB’s growth outpaced the market. The bank finished 3.6 percentage points ahead in lending, while also ranking first in deposits with 12.37% of industry deposits. Its nearest competitor held 10.52%.

That funding base gives large banks more room to lend in an environment where margins are tightening. But PwC warned that rapid loan-book growth can later put pressure on asset quality if underwriting and credit monitoring fail to keep pace. Non-performing loans have often increased after periods of strong credit expansion.

GCB’s figures provide a more favorable picture so far. While its share of industry lending rose sharply between 2023 and 2025, its non-performing-loan ratio declined from about 19% to about 10%. Managing Director Farihan Alhassan said the bank’s position as Ghana’s largest lender should be measured by the impact it creates with the resources entrusted to it.

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Our position as Ghana’s largest lender is ultimately about the impact we can create with the resources entrusted to