Non-performing loans ratio in Kenya 2011-2022
The ratio of non-performing loans (NLP) to total gross loans in Kenya saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 10.75 percent. Still, 2022 marked the second consecutive decline of the ratio.
A nonperforming loan is a loan that is in default because the borrower has not made the scheduled payments for a specified period. A bank loan is considered non-performing when more than 90 days pass without the borrower paying the agreed instalments or interest.
Find more statistics on other topics about Kenya with key insights such as domestic credit to the private sector as a share of GDP.
A nonperforming loan is a loan that is in default because the borrower has not made the scheduled payments for a specified period. A bank loan is considered non-performing when more than 90 days pass without the borrower paying the agreed instalments or interest.
Find more statistics on other topics about Kenya with key insights such as domestic credit to the private sector as a share of GDP.
