Non-performing loans as a share of bank equity reached 51.2% in third quarter of 2021 in Madagascar, according to the National Central Bank. This is 1.82% more than in the previous quarter.
Historically, non-performing loans as a share of bank equity in Madagascar reached an all time high of 207% in 2Q2016 and an all time low of 40.7% in 1Q2019.
Madagascar has been ranked 5th within the group of 30 countries we follow in terms of non-performing loans as a share of bank equity.
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