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Serbian banks' end-June corporate NPL ratio falls to 2.9% - c-bank

Author Radomir Ralev
Serbian banks' end-June corporate NPL ratio falls to 2.9% - c-bank Source: National Bank of Serbia

BELGRADE (Serbia), August 23 (SeeNews) – The ratio of non-performing loans (NPL) in the corporate lending segment of Serbia's banking sector stood at 2.9% at the end of June, the central bank said.

The share of corporate NPLs went down by 0.2 of a percentage point quarter-on-quarter, the central bank, NBS, said in a second-quarter credit activity report on Friday.

The NPL ratio of loans to individuals went down by 0.1 of a percentage point on the quarter to 4.0% at the end of June.

The central bank started regular monitoring of NPLs in 2008. After a temporary decrease in the second half of 2012, NPLs rose again in 2013 and continued to grow in 2014 and the first quarter of 2015. At the end of April 2015, NPLs accounted for 23% of total loans.

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