ZAGREB (Croatia), August 30 (SeeNews) – The share of non-performing loans (NPLs) in Croatia's banking system fell for the fourth quarter in a row, reaching a 3-year low of 14.99% at end-June, down from 16.12% at end-March, central bank data showed on Tuesday.
The NPL ratio for the corporate sector declined to 25.92% from 28.26% at the end of the first quarter, while that for the household segment fell to 11.18% from 11.93%, the data indicated.
The value of total partly recoverable and fully irrecoverable loans was 39.7 billion kuna at the end of June, out of a total loan portfolio of 264.6 billion kuna ($39.5 billion/35.4 billion euro).
Details follow:
|
June'16 |
March'16 |
June'15 |
NPL total (bln kuna) |
39.7 |
43.04 |
48.2 |
NPL ratio (%) |
14.99 |
16.12 |
17.34 |
-govt units |
0.03 |
0.04 |
0.04 |
-corporate |
25.92 |
28.26 |
30.97 |
-households |
11.18 |
11.93 |
12.12 |
Croatia's NPL ratio peaked at 17.34% in June last year and has since been declining.
(1 euro=7.4794 kuna)