Banking sector NPLs fall to GH¢19.9bn as asset quality improves

As a result, the private sector’s share of total bank credit increased to 96.

The central bank said asset quality strengthened broadly across the banking industry during the period, supporting the decline in the overall NPL ratio.

The Bank of Ghana, however, said improvements in other sectors more than offset the deterioration in agriculture, resulting in an overall strengthening of the banking industry’s asset quality.