Bank Millennium's non-performing loans reached 4.60% of total loans at the end of 2017, up from 4.50% when compared to the previous year. Historically, the NPL ratio hit an all time high of 23.0% in 2003 and an all time low of 3.37% in 2008.
Provision coverage amounted to 66.5% at the end of 2017, up from 62.7% compared to a year earlier.
The bank created loan loss provisions worth of 0.541% of average loans in 2017. That's compared to 0.552% of loans the bank put aside to its cost on average in the last five years.