Connect with us


Best Banks in Ghana 2023



Best Banks in Ghana 2020

These are the top 10 best banks in Ghana 2023

There are currently 24 officially registered banks in Ghana listed in the Bank of Ghana’s bank directory. We have listed the best banks in Ghana 2020 that you can confidently put your money without fear. There are various parameters one can use to rank high performing banks for investing. However, we relied on the profit made by each bank in the year 2021. We also included the operating income and the total assets of each bank.

List of Best Banks in Ghana 2023

Ecobank Ghana

Ecobank Ghana is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. The bank is a fully networked commercial bank in Ghana with branches in almost all regions of the nation.

Operating Income: $1,622,259

Profit for the year: $274, 934

Total Assets: $23,641,184

Societe General Ghana

Societe General is one of the biggest banks in Ghana with assets. Well its also one of the performing banks.

Operating Income: Ghs509,042,850

Profit:Ghs 128,542,186

Total Assets; Ghs4,443,909,209

Bank of Africa Ghana

Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator.

The bank is a member of Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with a presence in fourteen African countries. As of 2019, the bank reports indicate

Operating Income:Ghs 217, 088,045

Profit for the year :Ghs 65,496,451

Total Assets: Ghs 2,047,375,533

ABSA Ghana

Absa Bank Ghana Limited (ABGL), formerly known as Barclays Bank Ghana Limited, is a commercial bank in Ghana, licensed by the Bank of Ghana, the country’s central bank and national banking regulator. As of 2019, The banks performance is as stated

Operating Income: Ghs 1,164,078

Profit for the year: Ghs 468,623

Total Assets: 11,772,546


GCB Bank Limited formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits. In August 2017, the Bank of Ghana, the nation’s central bank, announced that it had approved a Purchase and Assumption transaction with GCB Bank Limited for the transfer of all deposits and selected assets of UT Bank and Capital Bank (Ghana) to GCB Bank Ltd.

Operating Income: Ghs1,563,445

Profit; Ghs 421, 003

Total Assets: 12, 416, 741

Standard Charted Bank Ghana

Standard Chartered Ghana (officially Standard Chartered Bank Ghana Limited) is a banking and financial services company in Ghana, and an 80% subsidiary of Standard Chartered. They are listed on the stock index of the Ghana Stock Exchange, the GSE All-Share Index. Operating since 1896, it is one of the oldest companies in Ghana. It is the successor to the Bank of British West Africa in Ghana.

Operating Income: Ghs 853,032

Profit: 281, 856

Total Assets: 7, 618,622

List of Best Banks in Ghana 2023

Stanbic bank Ghana

Stanbic Bank Ghana is a member of the Standard Bank Group, a purely African Bank which provides a range of financial services to its customers. The bank is made up of three divisions ie: Corporate and Investment Banking (CIB), Private and Business Banking (PBB) and Stanbic Ghana Wealth and Investment. Stanbic Bank Ghana started operating in 1999 and now has 36 branches nationwide.

Operating income; Ghs 975,439

Profit: Ghs 280, 654

Read Stanbic Bank Branches

Fidelity Bank

Read Fidelity Bank Branches

Fidelity Bank is a commercial bank in Ghana which was issued with its Universal Banking License on June 28, 2006, making it the 22nd bank to be licensed by the Bank of Ghana. As of 2019 Fidelity Bank reported ;

Operating Income : Ghs 920, 320

Profit: Ghs 267, 657

Total Assets: 10. 607, 977

Zenith Bank

The Bank’s main service delivery channels include thirty-eight (38) business locations (branches and agencies) as well as numerous ATMs and Point of Sale terminals strategically located in various cities and towns across Ghana. Zenith also offers real-time internet and mobile banking which enables customers to access banking services on-the-go.

Operating Income: Ghs621, 560

Profit: Ghs 246, 467

Total Assets: 6,691,004

Calbank Ghana

Cal bank Branches and contacts

List of Best Banks in Ghana 2023

CalBank formerly Continental Acceptances Ltd and Cal Merchant Bank commenced operations in July 1990, providing world-class financial solutions to the Ghanaian banking sector. CalBank received its Universal Banking License in 2004 and soon commenced providing specialized retail banking services.

Operating Income: Ghs 596,392

Profit: Ghs 173,413

Total Assets : 7,048,498

Access Bank Ghana

Access Bank Ghana PLC, is a full-service commercial bank in Ghana, licensed by the Bank of Ghana, the Central Bank, and national banking regulator. The Bank offers universal banking services to Corporate, Commercial, Retail customers and Financial Institutions across Ghana

The Bank is a subsidiary and component of the Access Bank Group, a financial services conglomerate with headquarters in Nigeria and subsidiaries in eight Sub-Saharan African countries, China, India, Dubai, Lebanon, and the United Kingdom.

Operating income: Ghs383, 100

Profit: Ghs 173, 704

Total Assets: 4, 711,771


Consolidated Bank Ghana Limited (CBG) is an Indigenous Ghanaian Universal Bank licensed by Bank of Ghana under the Specialized Deposit-Taking Institutions Act, 2016 (Act 930).

The Bank started operations on August 1, 2018. With its Corporate Head Office located in Accra, the Bank has 114 branches across 14 regions in Ghana.

Operating Income: Ghs 569,417

Profit: Ghs: 69,047

Total Assets : 6,942,990

List of Best Banks in Ghana 2022

GT Bank

Agricultural Development Bank

Firs Atlantic Bank

First National Bank

Republic Bank

Prudential Bank


National Investment Bank

GHL Bank


Source: Glusea