Tag: non-performing loans
Business
Non-Performing Loans in banking sector surge from 18.7% in June 2023 to 24.1% in June 2024
The banking industry's Non-Performing Loans (NPLs) ratio increased to 24.1% in June 2024, up from 18.7% in June 2023.Despite improvements in the banking sector's...
Business
Banking industry defies economic downturn as total assets hit 42% of GDP in October
Despite substantial shocks in the larger economy, the country's banking sector fared brilliantly in the first 10 months of the year, especially over the...