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Kosovo banks' NPL ratio falls in Oct

Kosovo banks' NPL ratio falls in Oct Gena96/Shutterstock.com

PRISTINA (Kosovo), December 4 (SeeNews) – The ratio of non-performing loans (NPLs) in Kosovo's banking sector fell to 2.7% of total gross loans at the end of October from 3.6% a year earlier, central bank data shows.

The ratio of loan loss provisions to non-performing loans in Kosovo's banking system was 154.2% at end-October, according to figures posted on the website of the central bank.

The data covers the portfolios of 10 banks operating in Kosovo, eight of which are foreign-owned.

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