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Austrian Banking Sector: NPL at Eurozone´s Top

Published: October 30, 2013; 07:00 · (Vindobona)

In the Eurozone, the non-performing loans are still growing. In total, 7.8% of the loan portfolio is risky. Austrian banks are significantly above the average.

Austrian Banking Sector: NPL at Eurozone´s Top / Picture: © Flickr

According to the report “Eurozone Financial Services Forecast” published by EY, the total size of non-performing loans in the Eurozone comes at € 940bn. EY has focused on bigger countries like Germany, France, Italy, Spain and the Netherlands.

In Spain, the NPL quota comes at 12%. With an NPL quota of 11.5%, Italy ranks second in EY´s report. The German banking sector only…

This article includes a total of 254 words.

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