Systemic vulnerabilities within banking industry remain broadly subdued- BoG

Overall, the banking sector’s outlook remains favourable, underpinned by strong capitalisation, sustained profitability, and a resilient financial position that enhances its ability to withstand emerging risks and support economic activity.

The financial soundness indicators in the first-half of 2026 generally strengthened during the review period, with the Sector’s Capital Adequacy Ratio (CAR) improving year-on-year, supported by recapitalisation efforts and sustained profitability across the industry.

It mentioned that the banking sector continues to exhibit strong capitalisation, liquidity, profitability, and strong asset quality, with contagion risks remaining well-contained.