CSOB Stavebna Sporitelna's non-performing loans reached 5.77% of total loans at the end of 2015, up from 2.30% when compared to the previous year. Historically, the NPL ratio hit an all time high of 8.24% in 2006 and an all time low of 2.19% in 2013.
Provision coverage amounted to 34.3% at the end of 2015, down from 57.2% compared to a year earlier.
The bank created loan loss provisions worth of 0.836% of average loans in 2015. That's compared to 0.410% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Wustenrot Stavebna Sporitelna operated at the end of 2015 with NPL ratio of 6.23% and provision coverage of 61.8%, Prva Stavebna Sporitelna with 9.15% and 31.4% respectively and Tatra banka had 4.16% of bad loans covered with 65.3% by provisions at the end of 2015.