May 14 (SeeNews) - The ratio of non-performing loans (NPLs) in Serbia's banking sector fell to record-low 4.0% at the end of March from 4.1% in December, the Serbian central bank said.
The share of NPLs was reduced by 0.1 of a percentage point on the quarter, the central bank, NBS, said in its May inflation report on Wednesday.
In the corporate lending segment, the share of NPL decreased by 0.1 of a percentage point since the beginning of 2020 to 3.1% at the end of March, while the NPL ratio of loans to households rose by 0.2 of a percentage point to 4.1%.
The ratio of NPLs in Serbia's banking sector declined by 1.6 percentage points in 2019 to 4.1% at the end of December.
The central bank started to regularly monitor 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 in the Serbian banking sector reached 442.6 billion dinars ($4.1 billion/3.8 billion euro), or 23% of total loans.
(1 euro = 117.574 dinars)