Bank loan arrears rise 22% on economic woes
Friday, March 20, 2026 | 920 Views |
Tighter conditions: Arrears to banks rose significantly last year PIC MORERI SEJAKGOMO
The figure for last year came even as banks restrained their lending activities, with total loans extended starting 2025 at P87.2 billion, peaking at P90.6 billion in May and reaching December at about P90 billion.
The arrears rose from 6.4 percent of the total outstanding loans in January to 7.7 percent in December 2025, indicating the growing difficulties faced by banks in recovering credit extended.
“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...