secured loans

Secured Loans: Greater Accra Accounts For 62.8% Of Total Loans; GCB Records Highest At 16.4%

Secured Loans: Greater Accra Accounts For 62.8% Of Total Loans; GCB Records Highest At 16.4%

The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions in the 3rd quarter of 2024 was concentrated in the Greater Accra region. This accounted for a percentage share of 62.8%. According to the Quarterly Collateral Registry Brief, this represented a decrease of 12.9% from the 75.7% share recorded during the same period in 2023. The Ashanti and Western regions followed with respective shares of 19.2% and 4.8% of the total value of secured loans granted. The lowest recipients of the total value of secured loans in the 3rd quarter of 2024 were the Oti and North…
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