Uncovered non-performing loans as a share of bank equity reached 24.3% in 2023 in Madagascar, according to the National Central Bank. This is 33.3% less than in the previous year.
Historically, uncovered non-performing loans as a share of bank equity in Madagascar reached an all time high of 42.0% in 2021 and an all time low of 21.2% in 2018.
Madagascar has been ranked 6th within the group of 103 countries we follow in terms of uncovered non-performing loans as a share of bank equity.
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