April 12 (SeeNews) - The Serbian banking sector's capital adequacy ratio (CAR) rose to 21.8% at the end of December, up 0.9 of a percentage point year-on-year, the country's central bank, NBS, said on Wednesday.
The capital adequacy of Serbia's banking sector is at its highest level in the last eight years, according to figures posted on the website of the NBS.
The ratio of Tier 1 regulatory capital to risk-weighted assets grew to 20.0% at the end of 2016 from 18.8% a year earlier, and return on equity (ROE) more than doubled, rising to 3.4% from 1.6%, NBS said.
The ratio of regulatory provisions to gross non-performing loans (NPL) in the Serbian banking system rose to 118.9% in December 2016 from 114.2% a year earlier, the data showed.
In February, NBS said the Serbian banking sector's NPL ratio declined to 17.03% at the end of 2016, from 21.6% in 2015.
End-period details follow (in pct):
|
Q4 2016 |
Q3 2016 |
Q4 2015 |
Capital adequacy ratio |
21.8 |
21.2 |
20.9 |
Tier I capital ratio |
20.0 |
19.2 |
18.8 |
Return on equity |
3.4 |
6.9 |
1.6 |
Return on assets |
0.7 |
1.4 |
0.3 |
NPL ratio |
17.0 |
19.5 |
21.6 |
Regulatory provisions to NPL |
118.9 |
114.5 |
114.2 |