CBK data shows the banking sector's stock of non-performing loans (NPLs) rose by Sh21 billion in the first quarter of 2026, reversing part of the improvement seen last year.
Banks deploy ML on alternative data to predict loan defaults before they occur, as Kenya's NPLs rose to Sh695.4B. AI-driven early warning systems shift risk management from post-approval to continuous monitoring, reshaping tech stack and data science strategy in financial services.
By
Dennis Musau
Technology Correspondent
Nation Media Group
For decades, banks have looked at customers' payslips, account statements, credit histories and collateral to decide if one can repay a loan. Once the money is disbursed, they often have to wait and hope repayments arrived on schedule.
Kenyan commercial banks are in talks with US technology firm IronOne Technologies to deploy an AI platform designed to predict…
Commercial banks are preparing a sweeping crackdown on defaulters as non-performing loans (NPLs) climb to 15.6 per cent of gross…
Tools help detect organised crime, automate lending checks and deliver personalised financial offerings
The decline in bad loans ratio follows disclosure of the huge write-offs made by banks last year with listed lenders writing off…
Global IT firms like Salesforce, NTT Data, Oracle and Microsoft have built tools that use AI, data and automation to cut costs,…
Nedbank, one of South Africa’s largest banks, is turning to artificial intelligence to expand lending to millions of customers.
