Slovenia: Share of NPLs Increasing Dangerously

Politics ♦ Published: November 21, 2013; 14:22 ♦ (Vindobona)

The share of non-performing loans (NPL) in the Slovenian banking sector has increased to 17.4 percent. Losses of the country’s financial institutes are significantly worse on a year-on-year comparison.

Slovenia: Share of NPLs Increasing Dangerously / Picture: ©

According to the most recent report by the National Bank of Slovenia, losses at the country’s financial institutes have been accumulating to € 561.3m before tax. Losses after tax come at € 567.3m. The result is significantly worse than the one compared to last year’s period. In the first nine months last year the banking sector showed losses before tax in the amount of €…