S&P Flags Ghana's 16.1% Non-Performing Loan Ratio as Persistent Credit Risk

S&P Global has flagged Ghana's banking sector non-performing loan ratio of 16.1 percent as remaining too high, identifying it as a persistent constraint on lending capacity and fintech growth in the market. The assessment adds a banking sector credit quality dimension to S&P's previously reported sovereign-level concerns about Ghana's institutional weaknesses and debt service burden.