The share of non-performing loans in Bulgaria's banking sector increased to 17.3% of total gross loans at end-2013 from 16.6% at end-2012, central bank data showed. Non-performing loans, representing bank exposures more than 90 days past due, rose 2.7% y/y to BGN 9.86bn ( EUR 5bn ) at the end of last year. Companies' exposures accounted for 75% of all bad loans, while the households' share was at 25% (16.3% for mortgages and 8.7% for consumer loans). The NPLs ratio has been growing steadily since the third quarter of 2009 when it stood at only 3.55%.
Most Popular Stories
- Dmytro Firtash, Ukrainian Billionaire, Arrested in Vienna
- Obama, Ukraine Discuss Russian Incursion in Crimea
- Federal Gov't Deficit Continues to Decline
- Venezuela Death Toll Reaches 28
- Russia Holds Large Military Drills in South
- Calumet Photo Files for Bankruptcy
- Navarro Celebrates 2 Years of Vida Mia
- Ukraine Moves Closer to Joining E.U.
- Herbalife Puts Off Meeting for Icahn Talks
- Ukraine Loan Delayed While Congress Goes on Vacation