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Piraeus Bank Group - Asset Quality

NPLs (As % Of Loans) & Provisions (As % Of NPLs)
Banking | Greece | February 22, 2018
Excel Sheet

Piraeus Bank Group's non-performing loans reached 2.22% of total loans at the end of 2015, down from 22.0% when compared to the previous year. Historically, the NPL ratio hit an all time high of 25.2% in 2012 and an all time low of 2.22% in 2015.

Provision coverage amounted to 70.4% at the end of 2015, up from 54.8% compared to a year earlier.

The bank created loan loss provisions worth of 7.15% of average loans in 2015. That's compared to 9.46% of loans the bank put aside to its cost on average in the last five years.

When compared to bank's main peers, National Bank of Greece operated at the end of 2015 with NPL ratio of 37.9% and provision coverage of 58.2%, Alpha Bank Group with 53.7% and 38.4% respectively and Eurobank Group had 43.4% of bad loans covered with 52.6% by provisions at the end of 2015.

You can see all the bank’s data at Piraeus Bank Group Profile, or you can download a report on the bank in the report section.