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Slovenian Banking Sector Still Under Enormous Pressure
Besides the decreasing negative net income and the high impairment losses, Slovenia´s banks register a decreasing lending activity. Deposits are going down as well.
Slovenian Banking Sector Still Under Enormous Pressure / Picture: © Vindobona.org
The banks accelerated the creation of impairments on nonperforming claims, particular those with higher risk levels (OFIs). The coverage of non-performing claims by impairments stood at 42.2% in March, up 4.4 percentage points on the end of 2011. The indicator does not take account of collateral, the value of which amounts to 92% of the banks’ non-performing claims.
In March…
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