Kenya banks’ bad debts jump to 8 pct in March, says CBK

Central Bank of Kenya Governor Patrick Njoroge. (Photo: Edward Kiplimo/Standard)

Nairobi: Kenyan banks' non-performing loans rose to 8 percent of the total in March from 5.7 percent in the same period last year, the central bank said.

The latest figures, which are likely to add to worries over the health of the sector, were contained in a presentation by Patrick Njoroge, the central bank chief, to a parliamentary committee on April 21, seen by Reuters on Thursday.