The Central Bank of Liberia, as lead convener of the National Non-Performing Loans Resolution Conference, reported a broad consensus that Liberia must address elevated nonperforming loans through coordinated action across government, financial institutions, the judiciary, borrowers and development partners. Participants identified the issue as a national economic priority because it constrains access to finance and credit intermediation, raises borrowing costs and weakens financial sector resilience. The conference agreed that the response should strengthen credit discipline and legal certainty, modernize financial infrastructure, improve debt recovery mechanisms and support the rehabilitation of viable enterprises. The event, held in Monrovia from Sept. 9-11, brought together public authorities, financial institutions and other stakeholders, with World Bank support.
2026-09-15Central Bank of Liberia
Central Bank of Liberia conference agrees national priorities for resolving nonperforming loans
A Central Bank of Liberia-led conference agreed national priorities for tackling elevated nonperforming loans through coordinated action. The priorities include stronger credit discipline and legal certainty, modernized financial infrastructure, better debt recovery mechanisms and support for viable businesses.