Piraeus Bank Group - Asset Quality

NPLs (As % Of Loans) & Provisions (As % Of NPLs)
Banking | Greece | February 22, 2018
$2.99
Excel Sheet

Piraeus Bank Group's non-performing loans reached 2.22% of total loans at the end of 2015, down from 22.0% compared to the previous year. Historically, the NPL ratio hit an all time high of 25.2% in 2012 and an all time low of 2.22% in 2015.

Provision coverage amounted to 70.4% at the end of 2015, up from 54.8% compared to a year earlier.

The bank created loan loss provisions worth of 7.15% of average loans in 2015. That's compared to 9.46% of loans the bank put aside to its cost on average in the last five years.

Comparing Piraeus Bank Group with its closest peers, National Bank of Greece operated at the end of 2015 with NPL ratio of 37.9% and provision coverage of 58.2%, Alpha Bank Group with 53.7% and 38.4% respectively and Eurobank Group had 43.4% of bad loans covered with 52.6% by provisions at the end of 2015.

You can see all the bank’s data at Piraeus Bank Group Profile, or you can download a report on the bank in the report section.

NPLs (As % Of Loans) Unit 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Alpha Bank Group % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 6.66% 10.4% 21.2% 26.7% 48.0%
Eurobank Group % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 6.75% 9.71% 15.3% 23.0% 30.7%
National Bank of Greece % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 6.41% 8.86% 26.5% 31.6% 28.6%
Piraeus Bank Group % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 18.6% 23.4% 23.6% 25.2% 16.3%
AVERAGE % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 6.37% 7.45% 9.59% 13.1% 21.6% 26.6% 30.9% 33.7% 34.3%