Banking sector closes years with huge NPL

by | December 27, 2017 12:45 am



The banking industry will on Friday December 29, 2017 close its financials for the year with no record yet on the reduction in the sector’s huge Non-Performing Loans (NPLs). The NPL of deposit money banks currently stood at 15.18 percent as at September 2017 from 10.13 in December 2016, while their loans and advances declined…

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