Letshego Ghana Rides Strong Fundamentals, Expands ESG Footprint in H1 2025 Performance
Letshego Ghana Savings and Loans PLC has posted a solid and stable financial performance for the first half of 2025, signalling not just resilience in the face of economic pressure, but also a clear push toward deeper environmental, social, and governance (ESG) alignment.
During its “Facts Behind the Figures” engagement with the Ghana Stock Exchange, the company revealed a 130% surge in customer deposits to GHS 674 million, while retail deposits rose by 104%, underscoring a strategic shift to mobilize more stable, lower-cost funding sources.
Total assets hit GHS 1.73 billion, with gross loans growing 8% year-on-year. Net interest income jumped 38%, and total operating income increased by 13% to GHS 213 million, boosted by product diversification including mobile loans and its growing deduction-at-source portfolio.
But beyond the financials, Letshego is drawing praise for using its capital strength to scale up ESG investments. CEO Nii Amankra Tetteh noted that the company’s recent GHS200 million solar energy financing partnership with the Catholic Church signals its deepening role as a catalyst for inclusive and sustainable development.
“Our performance reflects discipline and innovation. We are deliberately aligning growth with long-term impact. Whether through retail deposit mobilisation or climate financing, we’re shaping a more inclusive future,” Tetteh said.
With a capital adequacy ratio of 18.6% and a 147% jump in cash and cash equivalents, Letshego’s strong liquidity is also fuelling growth in inclusive lending. The company is increasingly financing microentrepreneurs, green energy projects, and gender-responsive initiatives.
Chief Commercial Officer Sam Donkor emphasized that “sustainability is not an obligation, it’s a growth strategy. We are investing where we can make the most difference.”
Managing Director of the Ghana Stock Exchange, Ms. Abena Amoah, lauded Letshego for its 10-year milestone on the bourse and urged the company to take the next step by exploring green, social, or gender bonds.
“We’re ready to support such instruments. They are essential to driving Ghana’s sustainable finance ecosystem,” she stated.
With over 100 staff and 10 physical outlets, Letshego Ghana continues to demonstrate that financial growth and social impact can go hand in hand, financing dreams and delivering solutions that matter for people and planet alike.
