Accra, Ghana// – Letshego Ghana Savings and Loans PLC has announced a strong financial performance for the first half year (H1) ended 30 June 2026 during its “Facts Behind the Figures” engagement with the Ghana Stock Exchange.
The results were underpinned by growth in lending, improved margins, disciplined cost management, and resilient asset quality.
Profit before tax increased to GHS 67 million, from GHS 24 million in the corresponding period, while return on equity improved to 33%, from 23%. Lending income grew by 35% to GHS 308 million, supported by higher disbursement volumes, while lower funding costs contributed to improved margins.
Speaking at the session, the Chief Finance Officer of Letshego Ghana, Daisy O. AdjeiBoadi, said, “Our H1 2026 results reflect the strength of our strategy, the resilience of our business model and our commitment to sustainable growth.
We continue to deliver strong earnings while strengthening our balance sheet, diversifying our portfolio and deepening financial inclusion across Ghana.”
Mobile lending remained the company’s primary growth engine, recording GHS 5.0 billion in disbursements during the first half of the year.
The company’s gross loan book closed at GHS 1.2 billion, while its balance sheet remained well capitalised and positioned to support future growth.
Total assets increased to GHS 1.9 billion, while customer deposits rose to GHS 834 million, reflecting sustained customer confidence and continued progress in mobilising stable retail funding.
Capital remained strong, with a capital adequacy ratio of 20.2%, comfortably above regulatory requirements and providing capacity for continued business expansion.
The company continues to benefit from its long-standing presence in Ghana’s capital markets. For more than a decade, the company has maintained an active presence in the bond market, raising capital to support lending, financial inclusion and business growth.
With a well-managed maturity profile and available capacity under its bond programme, Letshego Ghana remains well positioned to fund future growth while maintaining funding flexibility.
Beyond financial performance, Letshego Ghana continued to advance its financial inclusion agenda by expanding access to credit for individuals, women entrepreneurs and micro and small enterprises.
The company piloted group-lending initiatives focused on women and continued to support sustainable development through financing for clean energy and green mobility projects.
These initiatives reflect Letshego Ghana’s commitment to its Environmental, Social and Governance priorities and its broader mission of improving lives through inclusive finance, economic empowerment and sustainable development.
For the remainder of 2026, Letshego Ghana will focus on accelerating digital lending, launching its QwikSave retail savings product, growing impact-led lending, strengthening collections and portfolio quality, and advancing preparations for a potential transition to a microfinance bank, subject to Bank of Ghana sector reforms and regulatory approvals.
The company will also continue investing in technology and operational capabilities to enhance customer experience and drive long-term growth.
The Chief Executive Officer of Letshego Ghana, Nii Amankra Tetteh, said, “We remain confident in our outlook and focused on delivering profitable and responsible growth.
Our priority is to create long-term value for our customers, employees, shareholders and the communities we serve, while continuing to expand access to financial services across Ghana.”
Instructively, Letshego Ghana Savings and Loans PLC is a licensed financial services provider offering credit and savings solutions to individuals across the public and private sectors, while supporting micro and small enterprises through physical, partnership and digital channels.
