latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/eba-transparency-exercise-greece-continues-to-top-bad-loan-table-61720539 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

EBA transparency exercise: Greece continues to top bad loan table


Market Dynamics of the Energy Transition


ESG in 2021 – How companies responded to the turmoil of 2020


Investment Bankers Roundtable - M&A and Investments in the U.S. Utilities and Power Sector


The Evolution of Cloud Banking: Successful Implementation & Frameworks

EBA transparency exercise: Greece continues to top bad loan table

Greece remained on top of European countries whose banking systems had the highest aggregate nonperforming loan ratios as of June-end, according to the European Banking Authority's latest transparency exercise.

Greek banks managed to reduce their average NPL ratio to 30.28% at the end of the second quarter from 33.99% as of March-end. Bulgaria came in at second after its NPL ratio rose over the period to 20.17% from 19.05%, while Cyprus fell to third after its ratio declined to 15.52% from 20.07% at the end of March.

Banks in Sweden and Estonia had the lowest NPL ratios as of June-end at 0.49% and 0.27%, respectively, compared to 0.48% and 0.12% at the end of March.

Meanwhile, Hungary had the highest aggregate coverage ratio among banks in the sample at 67.7% at the end of the second quarter, up from 66.8% as of March-end, while Estonia was at the bottom of the list with 17.4%.

The average aggregate NPL and coverage ratios for European banks were 2.87% and 45.5%, respectively, at the end of June.

Click here to access the Market Intelligence EBA transparency exercise template.

SNL Image