Liberia steps up monitoring of NPLs

liberia-currency

The Central Bank of Liberia is establishing a “robust” credit reference system to help address the issue of non-performing loans (NPLs).

In a speech given by president George Weah on January 28, he said the stock of NPLs remains a “major challenge” for the banking system.

According to data from the central bank, the percentage of NPLs to total loans stood at 16.3% in April 2018, but declined to 12.3% in July.  

“The central bank is taking steps … to address the issue of non-performing loans

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.