Getin Noble Bank's non-performing loans reached 15.8% of total loans at the end of 2017, up from 14.7% compared to the previous year. Historically, the NPL ratio hit an all time high of 15.8% in 2017 and an all time low of 12.3% in 2011.
Provision coverage amounted to 44.2% at the end of 2017, up from 37.1% compared to a year earlier.
The bank created loan loss provisions worth of 2.82% of average loans in 2017. That's compared to 1.63% of loans the bank put aside to its cost on average in the last five years.
Comparing Getin Noble Bank with its closest peers, Alior Bank operated at the end of 2017 with NPL ratio of 10.8% and provision coverage of 100%, Getin Holding with 9.74% and 66.9% 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 Noble Bank Profile, or you can download a report on the bank in the report section.