Non-Performing Loans (As % of Total Loans) fell 15.8% yoy to 7.68% in Maldives in February 2024

Non-performing loans as a share of bank loans fell 15.8% yoy to 7.68% in Maldives in February 2024, according to the National Central Bank. This is 4.48% less than in the previous month.

Historically, non-performing loans as a share of bank loans in Maldives reached an all time high of 18.9% in June 2021 and an all time low of 7.13% in November 2023.

Maldives has been ranked 2nd within the group of 9 countries we follow in terms of non-performing loans as a share of bank loans, 2 places below the position seen 10 years ago.