Bank of Ghana Updates Approved Digital Credit Products List

In Short

• The Bank of Ghana has updated its list of approved digital credit products and applications.
• The list includes banks, microfinance firms, and mobile money providers offering digital loans.
• First Atlantic Bank’s “Agent Flex” appears on the list as a digital loan product.

What Happened

The Bank of Ghana (BoG) updated its “approved digital credit products and applications” page on August 28, 2026. The update matters because BoG is the country’s central bank and its approvals signal which digital lending products are allowed to operate.

Digital credit usually means a loan delivered through a phone, an app, USSD, or internet banking. In simple terms, it is borrowing money without visiting a branch, and the application and repayment flows are handled digitally.

On the updated list, First Atlantic Bank is shown with “Agent Flex” under digital loans. The list also names multiple other providers and product types, including micro loans, overdrafts (a short-term negative balance facility), and mobile credit products delivered through mobile money channels.

BoG’s table groups entries by financial institution, product type, and product alias. Some entries have no public alias listed, which can happen when a product is offered inside a broader banking or mobile money app.

Why It Matters

For consumers and small businesses in Ghana, a central bank approval list is a quick way to check if a loan product is recognised by regulators. This is especially relevant in digital lending, where fake apps and unlicensed lenders can spread quickly.

For fintechs and banks, being listed supports distribution partnerships, agent-led acquisition, and customer trust. It can also affect integrations with banks and mobile money operators, which often require clear regulatory status.

For operators tracking regulated providers, the update shows BoG is maintaining an active register of digital credit products across Ghana’s lending market, from traditional banks to microfinance and telecom-linked financial services.

In Liners terms, First Atlantic Bank is one of the institutions that now appears on the BoG register with a named digital loan product.