Stavebni Sporitelna Ceske Sporitelny's non-performing loans reached 2.03% of total loans at the end of 2017, down from 2.43% when compared to the previous year. Historically, the NPL ratio hit an all time high of 4.81% in 2013 and an all time low of 0.106% in 1999.
Provision coverage amounted to 80.0% at the end of 2017, up from 79.3% compared to a year earlier.
The bank created loan loss provisions worth of -0.143% of average loans in 2017. That's compared to 0.414% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna operated at the end of 2017 with NPL ratio of 2.24% and provision coverage of 84.3%, Raiffeisen Stavebni Sporitelna with 2.95% and 77.9% respectively and Modra Pyramida Stavebni Sporitelna had 3.03% of bad loans covered with 52.1% by provisions at the end of 2017.