Erste Group Bank's non-performing loans reached 2.82% of total loans at the end of 2019-06-30, down from 3.58% compared to the previous year. Historically, the NPL ratio hit an all time high of 9.69% in 2013-06-30 and an all time low of 2.82% in 2019-06-30.
Provision coverage amounted to 75.1% at the end of 2019-06-30, up from 72.0% compared to a year earlier.
The bank created loan loss provisions worth of -0.019% of average loans in 2019-06-30. That's compared to -0.027% of loans the bank put aside to its cost on average in the last five years.
Comparing Erste Group Bank with its closest peers, Raiffeisen Bank Int. operated at the end of 2019-06-30 with NPL ratio of 3.55% and provision coverage of 59.0%, OTP Group with 5.52% and 122% respectively and PKO BP had 4.60% of bad loans covered with 77.4% by provisions at the end of 2019-06-30.