May 25 (SeeNews) - Bulgarian banks' gross non-performing loan (NPL) ratio fell to 10.2% at the end of 2017, compared to 11.4% at the end of September, according to data of the country's central bank.
At end-December, gross NPL ratio was 10.9% lower compared to the end of September, BNB said in its quarterly Banks in Bulgaria report published earlier this month.
In terms of volume, NPLs in Bulgaria's banking sector amounted to 8.3 billion levs ($5.0 billion/4.24 billion euro) at the end of 2017.
Gross loans and advances amounted to 81.6 billion levs at the end of the period under review.
Net NPL ratio of Bulgaria's banking sector fell to 5.4% at the end of the year, down from 5.9% at end-September 2017.
In terms of the type of borrowers, non-financial enterprises had a share of 72.4% of NPLs at end of 2017, followed by households with 26.8%.
(1 euro = 1.95583 levs)