Uncovered non-performing loans as a share of bank equity reached 4.57% in second quarter of 2024 in Canada, according to the National Central Bank. This is 12.3% more than in the previous quarter.
Historically, uncovered non-performing loans as a share of bank equity in Canada reached an all time high of 8.72% in 4Q2009 and an all time low of 1.74% in 3Q2006.
Canada has been ranked 52nd within the group of 83 countries we follow in terms of uncovered non-performing loans as a share of bank equity.
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