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Bank risk management: Guinea-Bissau shows the best reduction in bad loans in 2022

09/06/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Between December 2021 and the beginning of 2023, Guinea-Bissau recorded a significant decrease in bad loans in banks, with a decrease of 7.3%.

Guinea-Bissau recorded an improvement in the management of banking risk. It is accompanied by an increase in loans granted, which signal improvements in économie the country. Indeed, the stock of bad loans in banks' portfolios fell by 7.3 percentage points between December 2021 and the beginning of 2023 in the country. This improvement in the management of banking risk in Guinea-Bissau goes hand in hand with an increase of 61.2 billion FCFA in outstanding customer credit, which reached 234.5 billion FCFA, at the end of

December 2022.
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