The banking industry remained profitable for the first eight months of 2025, recording a growth of 46.1% to GH¢9.7 billion profit-after-tax.
This is relative to GH¢6.7 billion recorded during the same period in 2024.
According to the September 2025 Monetary Policy Report, the banking sector posted a growth in all income lines in August 2025, with other income growing at 47.3% compared to a contraction of 2.9% for the same period last year.
Net interest income picked up by 21.8% to GH¢19.2 billion from 16.9% in August 2024.
On year-on-year basis, interest income improved by 21.5% to GH¢29.3 billion in August 2025 from GH¢24.3 billion in August 2024.
Interest expense also increased to GH¢10.2 billion in August 2025 from GH¢8.4 billion in August 2024, representing a growth rate of 20.9%, relative to the 22.1% growth recorded in August 2024.
The growth in net interest income is attributable to the slowdown in interest expense due to lower interbank lending rates in August 2025 compared to August 2024.
