Uncovered non-performing loans as a share of bank equity reached 3.78% in 2023 in Canada, according to the National Central Bank. This is 46.2% more than in the previous year.
Historically, uncovered non-performing loans as a share of bank equity in Canada reached an all time high of 8.72% in 2009 and an all time low of 1.82% in 2006.
Canada has been ranked 69th within the group of 106 countries we follow in terms of uncovered non-performing loans as a share of bank equity.
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