Loan loss provisions reached 82.7 CZK bil in 2017 in Czech Republic, according to the National Central Bank. This is 16 % less than in the previous year.
Historically, loan loss provisions in Czech Republic reached an all time high of 161 CZK bil in 2000 and an all time low of 18.8 CZK bil in 1994.
Czech Republic has been ranked 24th within the group of 76 countries we follow in terms of loan loss provisions, 10 places behind the position seen 10 years ago.
Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.