Letshego Ghana Delivers Strong H1 2026 Results, Driven by Profitable Growth and Resilient Asset Quality
Accra, 29 July 2026 – Letshego Ghana Savings and Loans PLC has announced a strong financial performance for the half year 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. Adjei-Boadi, 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.”
Key Highlights:
– Mobile lending remained the company’s primary growth engine, recording GHS 5.0 billion in disbursements during the first half of the year.
– The gross loan book closed at GHS 1.2 billion.
– Total assets increased to GHS 1.9 billion, while customer deposits rose to GHS 834 million.
– Capital adequacy ratio of 20.2%, comfortably above regulatory requirements.
Focus on Financial Inclusion and Sustainability
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.
Outlook for 2026
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 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.”
About Letshego Ghana Savings and Loans PLC
Formerly AFB Ghana, Letshego Ghana Savings and Loans PLC (“Letshego Ghana”) is a licensed financial services provider in Ghana, offering credit and savings solutions to individuals across the public and private sectors and supporting micro and small enterprises.
