Getin Holding's non-performing loans reached 9.74% of total loans at the end of 2017, down from 16.2% compared to the previous year. Historically, the NPL ratio hit an all time high of 29.7% in 2004 and an all time low of 4.63% in 2008.
Provision coverage amounted to 66.9% at the end of 2017, up from 56.9% compared to a year earlier.
The bank created loan loss provisions worth of 2.59% of average loans in 2017. That's compared to 2.94% of loans the bank put aside to its cost on average in the last five years.
Comparing Getin Holding with its closest peers, Alior Bank operated at the end of 2017 with NPL ratio of 10.8% and provision coverage of 100%, Getin Noble Bank with 15.8% and 44.2% respectively and Idea Bank had 7.98% of bad loans covered with 41.4% by provisions at the end of 2017.
You can see all the bank’s data at Getin Holding Profile, or you can download a report on the bank in the report section.