ForteBank's non-performing loans reached 23.7% of total loans at the end of 2018, up from 8.39% compared to the previous year. Historically, the NPL ratio hit an all time high of 23.7% in 2018 and an all time low of 8.39% in 2017.
Provision coverage amounted to 37.9% at the end of 2018, down from 86.8% compared to a year earlier.
The bank created loan loss provisions worth of 0.734% of average loans in 2018. That's compared to 1.78% of loans the bank put aside to its cost on average in the last five years.
You can see all the bank’s data at ForteBank Profile, or you can download a report on the bank in the report section.
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