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Share of non-performing loans reaches 14.57 pct at end of March

Autor: half
ZAGREB, May 31 (Hina) - Of the HRK 284.6 billion loans in Croatia at the end of March, 14.57 per cent (HRK 41.5 billion) were non-performing loans, up 0.6 per cent from the end of 2012 and 1.83 per cent year on year, according to figures the Croatian National Bank (HNB) released on its website on Friday.

In 2009, non-performing loans accounted for 4.94% of all loans, exceeding 10% in September 2010 and reaching 11.23% at the end of that year. At the end of 2011, the share of non-performing loans rose to 12.43%, crossing 14% last September and reaching its peak at the end of this past March.

Companies accounted for the biggest share of non-performing loans, 26.24% or HRK 28.6 billion, up 1.3% from the end of 2012 and 5.2% from the end of March 2012.

Retail loans accounted for HRK 12.2 billion in non-performing loans, a share of 9.67%. Their share was 8.74% at the end of March 2012 and 9.49% at the end of 2012. Housing loans accounted for 6.36% of non-performing retail loans, or HRK 3.35 billion.

Loans in the national currency totalled nearly HRK 74 billion, of which 16.98% were non-performing (HRK 12.5 billion). Those tied to the euro amounted to HRK 180.9 billion, of which 13.68% were non-performing (HRK 24.7 billion), while those pegged to the Swiss franc totalled HRK 27.2 billion, of which 13.65% (HRK 3.7 billion) were non-performing.

(Hina) ha

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