The total stock of Non-Performing Loans (NPLs) continues to increase as it hit GH¢7.19 billion in October 2019 from GH¢7.14 billion in October 2018.
Despite this increase in the nominal numbers, the central bank believes that higher growth in total loans contributed to a lower NPL ratio of 17.3 per cent from 20.1 for the same comparative period in 2018
