Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis

By Luc Eyraud, Irina Bunda, Jehann Jack, Tarak Jardak, Rasmané Ouedraogo, Zhangrui Wang, Torsten Wezel

June 8, 2021

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Format: Chicago

Luc Eyraud, Irina Bunda, Jehann Jack, Tarak Jardak, Rasmané Ouedraogo, Zhangrui Wang, and Torsten Wezel. Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis, (USA: International Monetary Fund, 2021) accessed November 12, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Sub-Saharan African countries are facing an unprecedented health and economic crisis that is likely to severely hurt credit quality and raise non-performing loans from already high levels. Banks have a critical role to play not only during the crisis by providing temporarily relief to businesses and households, but also during the recovery by supporting economic activity and facilitating the structural transformations engaged by the pandemic.

Subject: Credit, Distressed assets, Financial institutions, Financial sector policy and analysis, Financial soundness indicators, Loans, Money, Nonperforming loans

Keywords: Africa, Banking sector, Covid-19, Credit, Credit risk, Default (finance), Distressed assets, Financial soundness indicators, Loans, Management strategy, Nonperforming loans, NPL portfolio, NPL ratio, NPL write-off, Ratios in SSA country, Reduction target, Removing legacy NPL, Resolution strategy, South Asia, Sub-Saharan Africa, West Africa

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Departmental Paper No 2021/014
Stock No:

RNPLSSAEA
ISBN:

9781513576510
ISSN:

2616-5333

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