Liberia: CBL Governor Warns Bad Loans Threaten Credit Access, Economic Growth
Liberia, Aug. 13 -- National conference to bring banks, judiciary, businesses and policymakers together to tackle Liberia's non-performing loan crisis.
By Gerald C. Koinyeneh
Monrovia- Central Bank of Liberia Executive Governor Henry F. Saamoi has warned that Liberia's growing challenge with non-performing loans could undermine access to credit, private-sector development and broader economic growth if left unaddressed.
Saamoi made the statement Wednesday, August 12, during a media orientation at the Central Bank of Liberia ahead of the National Non-Performing Loans Conference, which is expected to bring together policymakers, financial institutions, members of the judiciary, legal professionals, development partners, business leaders,...
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