Erste Bank Serbia's non-performing loans reached 7.95% of total loans at the end of 2015, down from 10.8% when compared to the previous year. Historically, the NPL ratio hit an all time high of 13.0% in 2013 and an all time low of 4.25% in 2009.
Provision coverage amounted to 115% at the end of 2015, up from 98.0% compared to a year earlier.
The bank created loan loss provisions worth of 1.95% of average loans in 2015. That's compared to 2.00% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Komercijalna Banka Beograd operated at the end of 2015 with NPL ratio of 18.8% and provision coverage of 93.5% and Bank Intesa Serbia with 16.8% and 54.8% respectively.