Banking Sector Non-Performing Loans Drop to 16.1%

The banking sector reported a decrease in non-performing loans to 16.1% in June 2026, alongside robust asset growth and improved solvency, though credit risk remains a significant vulnerability.

22 Jul, 21:44 — 22 Jul, 21:44

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myjoyonlineMixed26d ago

Banks’ NPLs drop to 16.1%, but credit risk remains key vulnerability

Meanwhile, the banking sector recorded robust performance in June 2026, with strong asset growth, improved solvency, and enhanced asset quality.

By Charles Nixon

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Banking Sector Non-Performing Loans Drop to 16.1%

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Banks’ NPLs drop to 16.1%, but credit risk remains key vulnerability

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