Ceskomoravska Stavebni Sporitelna's non-performing loans reached 2.31% of total loans at the end of 2016, down from 2.67% when compared to the previous year. Historically, the NPL ratio hit an all time high of 2.90% in 2013 and an all time low of 0.859% in 2003.
Provision coverage amounted to 75.8% at the end of 2016, up from 61.1% compared to a year earlier.
The bank created loan loss provisions worth of 0.213% of average loans in 2016. That's compared to 0.256% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Modra Pyramida Stavebni Sporitelna operated at the end of 2016 with NPL ratio of 4.17% and provision coverage of 52.3%, Raiffeisen Stavebni Sporitelna with 3.48% and 68.2% respectively and Stavebni Sporitelna Ceske Sporitelny had 2.43% of bad loans covered with 79.3% by provisions at the end of 2016.