Loan loss provisions as a percentage of bank loans reached 0.668% in first quarter of 2017 in Australia, according to the National Central Bank. This is 396% more than in the previous quarter.
Historically, loan loss provisions as a percentage of bank loans in Australia reached an all time high of 1.28% in 4Q2008 and an all time low of 0.052% in 3Q2006.
Australia has been ranked 42nd within the group of 70 countries we follow in terms of loan loss provisions as a percentage of bank loans.
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