As of 2023, Ecobank Ghana was the leading banking institution in Ghana in terms of tier 1 capital weighted in December 2021. This reached a value of 342 million U.S. dollars. Ghana Commercial Bank (GCB) followed with tier 1 capital amounting to 253 million U.S. dollars, weighted in December 2022. GCB was also one of the leading banks in the country with respect to the number of bank branches as of June 2020.
Leading banks in Ghana as of 2023, by tier 1 capital
(in million U.S. dollars)
The source adds the following information:
"The ranking for the Top 100 Banks survey uses Tier 1 capital which consists of capital + reserves + retained earnings + minority interests. The figures in local currencies are converted into US dollars at the foreign exchange rates on 31 December 2019 or on the year-end date in the results. Data comes from Moody’s Analytics BankFocus, Bankers’ Almanac and from African Business inhouse research. We have excluded some banks where data is old or unreliable".
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African Business. (October 3, 2023). Leading banks in Ghana as of 2023, by tier 1 capital (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1262801/leading-banks-in-ghana-by-tier-1-capital/
African Business. "Leading banks in Ghana as of 2023, by tier 1 capital (in million U.S. dollars)." Chart. October 3, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1262801/leading-banks-in-ghana-by-tier-1-capital/
African Business. (2023). Leading banks in Ghana as of 2023, by tier 1 capital (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1262801/leading-banks-in-ghana-by-tier-1-capital/
African Business. "Leading Banks in Ghana as of 2023, by Tier 1 Capital (in Million U.S. Dollars)." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/1262801/leading-banks-in-ghana-by-tier-1-capital/
African Business, Leading banks in Ghana as of 2023, by tier 1 capital (in million U.S. dollars) Statista, https://www.statista.com/statistics/1262801/leading-banks-in-ghana-by-tier-1-capital/ (last visited November 21, 2024)
Leading banks in Ghana as of 2023, by tier 1 capital (in million U.S. dollars) [Graph], African Business, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/1262801/leading-banks-in-ghana-by-tier-1-capital/
