In a report on financial stability released on Thursday, the CBE said that non-performing loans declined to register 3.6 percent in December 2020, compared to 4.2 percent in December 2019.
 

The CBE added that non-performing loan provisions decreased to 96 percent in December 2020, against 97.2 percent in the corresponding month of 2019.
 

It noted that the loan-to-deposit ratio rose to 48.2 percent in December 2020, versus 44.8 percent in December 2019.
 

The report showed that risk-weighted capital ratio for local banks went up to hit 19.5 percent in December 2020, compared to 18.4 percent in December 2019.