VTB Bank 's non-performing loans reached 5.72% of total loans at the end of 2015, down from 5.77% when compared to the previous year. Historically, the NPL ratio hit an all time high of 12.4% in 2009 and an all time low of 1.62% in 2006.
Provision coverage amounted to 116% at the end of 2015, up from 116% compared to a year earlier.
The bank created loan loss provisions worth of 1.86% of average loans in 2015. That's compared to 1.88% of loans the bank put aside to its cost on average in the last five years.
When compared to bank's main peers, Sberbank operated at the end of 2015 with NPL ratio of 7.22% and provision coverage of 83.2%, Raiffeisenbank Russia with 5.60% and 114% respectively and Alfa Bank had 12.7% of bad loans covered with 51.3% by provisions at the end of 2015.