Cash accounted for nearly seven in every 10 collateral registrations for secured credit in Ghana in the second quarter of 2026, with Savings and Loans companies driving much of the activity.
Data from the Bank of Ghana’s Collateral Registry show that 80,673 cash-collateral registrations were recorded during the quarter, representing 68.7% of the 117,428 collateral assets registered.
Savings and Loans companies accounted for 65,091 of those cash registrations, or about 81% of the total. Rural banks followed with 12,599, while banks recorded 1,389 and microfinance companies 1,194.
The heavy contribution from Savings and Loans companies also pushed their overall collateral registrations well above other lender categories. They recorded 89,377 collateral assets during the quarter, compared with 17,457 for rural banks and 4,460 for banks.
While cash dominated, borrowers also used a range of business and physical assets to secure credit.
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Inventory or stock of goods was the second most common collateral type, with 10,015 registrations, followed by company or business assets with 9,247.
Consumer and household goods accounted for 4,619 registrations, while buildings recorded 3,379 and vehicles 2,753.
The figures show that secured lending in the quarter was not limited to traditional assets such as land and buildings, with cash and business-related assets accounting for a large share of collateral registered.
In all, the number of collateral assets registered fell 25.8% year-on-year, from 158,298 in Q2 2025 to 117,428 in Q2 2026.
