NPLs ratio dropped to 6.4 pc last year, central bank shows

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The rate of non-performing loans (NPLs) fell by 0.91 percentage points in December 2017 compared to the previous month to 6.4 percent, according to the latest data from the National Bank of Romania (BNR).

Compared to the similar month of 2016, the indicator fell by 3.22 percentage points.

The number of individuals with arrears of over 30 days to banks and non-banking financial institutions (NBFIs)increased by 3.27 percent in January compared to the previous month reaching about 680,152. These people had arrears worth over RON 7.49 billion.

Most of the amount was in lei and euro, respectively RON 3.1 billion and the equivalent of RON 3.03 billion in euro. Depending on the delay category, the highest value corresponds to over 90 days overdue, with RON 4,296 billion.

Early last year, Liviu Voinea, BNR Deputy Governor, said that the central bank has set a 6 percent target for non-performing loans this year.

 

 

 

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