Poland: Share of Impaired Loans Increasing

Businessn.a. ♦ Published: March 10, 2014; 13:57 ♦ (Vindobona)

The number of impaired loans in the non-financial sector keeps on increasing.

The share of impaired loans in the non-financial sector is increasing. / Picture: © Vindobona.org

The number of impaired loans in the non-financial sector increased to PLN 72.52bn at the end of January, up from PLN 71.12bn in December 2013 and from PLN 71.78bn year-on-year, as reported by the Polish National Bank (NBP).

The gross book value of impaired loans increased 0.1 percentage point month-on-month to 8.6 percent, according to calculations against the gross loan…