Non-performing loans ratio in commercial loans rose to 2.5 percent
While the non-performing loan ratio in commercial loans stood at 2.5 percent, this figure reached 6.75 percent in consumer loans.
According to data from the Banking Regulation and Supervision Agency, increases were recorded in non-performing loan ratios for commercial and retail loans as of October 2; consumer loans hit the highest level of the 2014-2026 period.
Changes in Commercial Loans
After dropping down to 1.4 percent in 2024, the non-performing loan ratio in commercial loans started to climb, rising to 2.5 percent as of October 2.
This ratio continued to trail below the ten-year long-term average, which is calculated at 3.1 percent.
Commercial Ratios in Past Years
Non-performing loan ratios in commercial loans experienced various fluctuations in past years, measured at 2.7 percent in 2018.
The ratios peaked at 6.4 percent during the 2019-2020 period and declined down to 1.4 percent during the 2021-2024 period.
New Peak in Consumer Loans
While repayment problems increased in the retail sector, the non-performing loan ratio in consumer loans rose to 6.75 percent as of October 2.
This ratio was recorded as the highest level of the 2014-2026 period since the data set began to be published.
Retail Credit Cards and the Broader Sector
On the same date, the non-performing loan ratio in individual credit cards stood at 5.7 percent.
Non-performing ratios in consumer loans and credit cards followed a trajectory above the sector average.
Total Sector Data
The non-performing loan ratio across the banking sector as a whole was determined as 3.2 percent as of October 2.