Kogta Financial's Bad Loans Surge to 3.3% as Investors Remain in the Dark
Kogta Financial, a prominent financial institution, has faced a rise in bad loans, with its gross non-performing asset (GNPA) ratio climbing to 3.3% by the end of March 2025. Despite this, details about the companies it supported as investors among us between April 2024 and March 2025 remain unavailable to the public.
Kogta Financial's struggle with bad loans comes amidst a backdrop of significant investment backing. Morgan Stanley PE Asia, Multiples PE, and Ontario Teachers' Pension Plan (OTPP) are among the investors who have supported the institution. This increase in non-performing assets suggests a potential shift in the institution's lending practices or the economic climate affecting its borrowers.
The rise in bad loans at Kogta Financial, coupled with the lack of transparency regarding its investment activities, may raise concerns among stakeholders. As the GNPA ratio continues to climb, the institution must address these issues to maintain confidence in its financial stability.