Bad loans on the rise

Uganda’s Banks With Biggest Loan Defaulters Named As Customers Fail To Repay Shs1 Trillion » Business Focus

Uganda’s banking industry Non-Performing Loans (NPLs) reduced to Shs1.019 trillion in 2024, down from Shs1.18 trillion recorded in 2023, Business Focus exclusively reports. Although 10 banks have high NPLs (whose ratio is above 5%), the industry NPL ratio is 4.69%. This analysis is derived from the financial statements for the year ended 31st December 2024 that banks have been publishing lately. It’s important to note that banks are compelled to…

Malawi's Economic Momentum at Risk: Addressing the Growing Bad Loan Crisis - Business Malawi

Key Business Points Malawi’s non-performing loan (NPL) levels have exceeded the five percent regulatory threshold, indicating growing financial stress and increased credit risk. Small businesses, especially in the agriculture, manufacturing, […] The post Malawi’s Economic Momentum at Risk: Addressing the Growing Bad Loan Crisis appeared first on Business Malawi.

Bad loans on the rise

Malawi’s non-performing loan (NPL) levels continue to rise, exceeding the five percent regulatory threshold, signalling growing financial stress and increased credit risk, analysts have said. Published data from African Development Bank (AfDB) Group shows that NPLs or bad loans that are either overdue or unlikely to be repaid by the borrower, rose to nine percent in October 2024 from 6.7 percent a year earlier, exceeding the five percent regulat…