BRD Groupe Societe Generale's non-performing loans reached 17.0% of total loans at the end of 2015, down from 20.3% when compared to the previous year. Historically, the NPL ratio hit an all time high of 24.8% in 2013 and an all time low of 3.89% in 2006.
Provision coverage amounted to 76.3% at the end of 2015, up from 71.2% compared to a year earlier.
The bank created loan loss provisions worth of 2.46% of average loans in 2015. That's compared to 4.73% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Banca Commerciala Romana operated at the end of 2015 with NPL ratio of 21.1% and provision coverage of 73.7%, Banca Transilvania with 16.8% and 73.5% respectively and Raiffeisen Bank Romania had 8.53% of bad loans covered with 63.2% by provisions at the end of 2015.