Financials
The bedrock of the GSE by market cap. Banks dominate — sensitive to the policy rate, Treasury bill yields, and the state of corporate lending. Insurance is smaller but growing on the back of rising formal-sector employment.
Market cap
GH₵15.16B
16.1% of listed market
Average 1y return
—
equal-weighted across 12 names
Average dividend yield
6.13%
trailing, equal-weighted
Liquidity
3.3/10
average grade
Industries within financials
Banks
8 names- GCBGCB BankGH₵6.85-0.72%
- EGHEcobank GhanaGH₵8.25+1.85%
- SCBStandard Chartered Bank GhanaGH₵24.50+1.66%
- CALCalBank PLCGH₵0.38-7.32%
- SOGEGHSociété Générale GhanaGH₵1.35+1.50%
- ACCESSAccess Bank GhanaGH₵4.10+1.23%
- RBGHRepublic Bank GhanaGH₵0.72+2.86%
- ADBAgricultural Development BankGH₵5.060.00%
Insurance
2 names- EGLEnterprise GroupGH₵3.20+2.56%
- SICSIC InsuranceGH₵0.44+2.33%
Investment Management
1 name- MACMega African CapitalGH₵5.400.00%
Pan-African Banking
1 name- ETIEcobank TransnationalGH₵0.150.00%
All 12 listed names in financials
| Ticker | Industry | Price | Day % | Mcap | Yield | Liquidity |
|---|---|---|---|---|---|---|
| ETI Ecobank Transnational | Pan-African Banking | GH₵0.15 | 0.00% | 3.6B | — | E |
| SCB Standard Chartered Bank Ghana | Banks | GH₵24.50 | +1.66% | 3.3B | 5.92% | D |
| EGH Ecobank Ghana | Banks | GH₵8.25 | +1.85% | 2.6B | 9.45% | D |
| GCB GCB Bank | Banks | GH₵6.85 | -0.72% | 1.8B | 7.59% | C |
| ADB Agricultural Development Bank | Banks | GH₵5.06 | 0.00% | 1.3B | — | E |
| ACCESS Access Bank Ghana | Banks | GH₵4.10 | +1.23% | 710M | 5.37% | C |
| SOGEGH Société Générale Ghana | Banks | GH₵1.35 | +1.50% | 580M | 5.93% | D |
| EGL Enterprise Group | Insurance | GH₵3.20 | +2.56% | 540M | 4.69% | D |
| RBGH Republic Bank Ghana | Banks | GH₵0.72 | +2.86% | 312M | 5.56% | D |
| CAL CalBank PLC | Banks | GH₵0.38 | -7.32% | 240M | — | C |
| SIC SIC Insurance | Insurance | GH₵0.44 | +2.33% | 86M | 4.55% | D |
| MAC Mega African Capital | Investment Management | GH₵5.40 | 0.00% | 85M | — | E |
What to watch
Net interest margin vs policy rate; non-performing loan (NPL) ratio; dividend payout ratio; Tier-1 capital after DDEP haircuts.
Policy-maker & analyst lens
Rising bank profitability alongside high real rates suggests crowding-out of private-sector credit — banks are earning more lending to government than to businesses. A sustained decline in NPLs signals broader economic health; a spike is often an early warning.
Sector analysis is editorial and data is end-of-day. Not investment advice. See all sectors · macro dashboard · global economic context.