Country Banking Sector Report
UAE Banking Sector Report — Q2 2025
Credit growth of 11.1%, an NPL ratio of 3.9% and a capital adequacy ratio of 17.3% framed the UAE banking system at mid-2025, as foreign credit rose 48.9% on the year and the central bank cut its Base Rate to 4.15% in September.
Kenya Banking Sector Report — Q4 2024
Kenyan banks ended 2024 with a 19.4% capital adequacy ratio and a 16.4% gross NPL ratio, while a 150bp cut in the Central Bank Rate left average lending rates almost unchanged and a new law set a path to KSh10bn minimum core capital.
Vietnam Banking Sector Report — Q1 2025
Credit to Vietnam's economy grew 9.9% in the first half of 2025, the highest rate since 2023, while funding lagged. NPLs were 1.8% at end-May, a new law lets lenders seize collateral, and Circular 14 phases in a 2.5% capital conservation buffer.
Morocco Banking Sector Report — Q1 2025
Bank Al-Maghrib cut its key rate to 2.25% in March 2025 and held it in June. Banks' 2024 net income rose 24.1% and solvency reached 16.2%, but the non-performing loan rate climbed to 8.8% by end-April 2025.
Saudi Arabia Banking Sector Report — Q1 2025
Saudi bank credit rose 16.3% year on year to SAR3,102.0bn in Q1 2025, against 8.0% deposit growth. SAMA has raised the countercyclical buffer from 0% to 1% from 25 May 2026, as banks lean more on bonds and syndicated loans.
India Banking Sector Report — Q2 2025
Indian banks' gross NPA ratio fell to a multi-decadal low of 2.3% and capital adequacy reached a record 17.3%, but credit growth slowed to 9.5% as the RBI cut the repo rate by 100bp to 5.50% and moved to a neutral stance.
Brazil Banking Sector Report — Q4 2024
SFN credit grew 10.9% in 2024 and 90-day arrears fell to 3.0%, while the Selic rose to 13.25% by January 2025 and new IFRS 9-style rules took effect, with surveyed lenders expecting provisions to rise by BRL37.8bn.
South Korea Banking Sector Report — Q4 2024
The Bank of Korea cut its Base Rate to 3.00% in November 2024 and held it in January as political risk hit the won. Bank delinquency eased to 0.44% in December, CET1 stood at 13.33% in September, and KB, Shinhan and Woori lifted 2024 profits.
Egypt Banking Sector Report — Q3 2024
Egypt's banks ended Q3 2024 with a 19.1% capital adequacy ratio, NPLs at 2.4% of loans and a 61.3% loan-to-deposit ratio, as the central bank held its overnight deposit rate at 27.25% and annual urban inflation reached 26.4% in September.
United Kingdom Banking Sector Report — Q3 2024
Major UK banks earned a 14.0% underlying return on tangible equity in Q3 2024 and reported a 151% liquidity coverage ratio in September; Bank Rate was cut to 4.75% in November and a Court of Appeal motor finance ruling drove a £295m provision at Santander UK.
Indonesia Banking Sector Report — Q3 2024
Indonesian bank credit growth slowed to 10.85% in September 2024 from 12.36% in June, while the gross NPL ratio eased to 2.21% and the system CAR rose to 26.85%, as Bank Indonesia cut the BI-Rate to 6.00% and then held it to support the rupiah.
India Banking Sector Report — Q2 2024
Scheduled commercial banks ended March 2024 with a 2.8% gross NPA ratio, 16.8% CRAR and RoE of 13.8%, while non-food credit grew 16.2% in May and the RBI kept the repo rate at 6.50% and moved on project-finance provisioning.