MONROVIA, LIBERIA-The Central Bank of Liberia says it is developing a national strategy to provide a more coordinated framework to address non-performing loans across the County’s banking Sector.

The initiative follows a recent CBL Conference that brought stakeholders together to discuss solutions to the non-performing loan challenge.

The CBL Senior Technical Advisor to the Executive Governor, Musa Kamara, said:” The strategy will focus on significantly reducing the volume of loans that are no longer being serviced by borrowers”.

Speaking on Wednesday, September 30, 2026, on the CBL Money Matters, Kamara added that once the strategy is developed and validated, it will be endorsed as a national framework to guide efforts to resolve the nonperforming loan situation.

Liberia’s nonperforming loan rate currently stands at 12.5 percent, a level the CBL identifies as among the highest in the region.