Borrowers struggle as bad loans hit Sh336b

Over the past five years, non-performing loans have risen to a 12-year high. [Courtesy]

Data from the Central Bank of Kenya (CBK) shows that gross non-performing loans (NPLs) - credit for which principal or interest has not been paid for 90 days or more - rose to Sh336.4 billion from Sh308.8 billion in the same period last year.  

NPLs as a share of total loans in July this year, the regulator said, remained unchanged at 12.4 per cent as borrowers struggled to repay their loans.