Non-perfoming Mortgage Loans in Romania

Romania | July 19, 2014
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Excel Sheet

Quality of mortgage and real estate loans continues to deteriorate in Romania. According to the data of the National Central Bank, share of non-performing mortgage-backed loans reached 9.1% in the middle of 2013. That is up from nearly nothing before the financial and economic crisis (0.6% at the end of September of 2008).

Having said that, 9.1% is still less than half of the average share of bad loans in the economy (over 20% in the middle of 2013).