What Banks in Hungary Had the Most Bad Loans in 2016?

Based on a comparison of 10 banks in Hungary in 2016, FHB Bank had the highest share of bad loans, followed by CIB Bank and OTP Group.

FHB Bank's non-performing loans reached 26.8% of total loans at the end of 2016, up from 21.8% when compared to the previous year. Historically, the NPL ratio hit an all time high of 26.8% in 2016 and an all time low of 0.278% in 2003.

Provision coverage amounted to 24.7% at the end of 2016, down from 28.6% compared to a year earlier.

Comparing FHB Bank with its closest peers, CIB Bank operated at the end of 2016 with NPL ratio of 24.7% and provision coverage of 61.9%, OTP Group with 17.2% and 82.2% and Budapest Bank had 14.7% of bad loans covered with 92.2% by provisions at the end of 2016.

Non-performing loans of the whole Hungary’s banking sector amounted to 4.59% of total loans in 2016, down from 5.48% when compared to the last year.

You can see all the banks non-performing loans data on the NPLs (As % Of Loans) indicator page or you can download a report on the Hungarian banks in the report section.