Ziraat Bank's non-performing loans reached 1.67% of total loans at the end of 2015, down from 1.90% when compared to the previous year. Historically, the NPL ratio hit an all time high of 4.03% in 2004 and an all time low of 1.20% in 2011.
Provision coverage amounted to 72.7% at the end of 2015, up from 71.1% compared to a year earlier.
The bank created loan loss provisions worth of 0.927% of average loans in 2015. That's compared to 1.59% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Isbank operated at the end of 2015 with NPL ratio of 2.02% and provision coverage of 73.8%, Garanti Bank with 3.31% and 76.1% respectively and VakifBank had 4.08% of bad loans covered with 82.3% by provisions at the end of 2015.