Non-performing loans as a share of bank equity reached 22.8 % in 2018 in Turkey, according to the National Central Bank. This is 38.4 % more than in the previous year.
Historically, non-performing loans as a share of bank equity in Turkey reached an all time high of 22.8 % in 2018 and an all time low of 12.1 % in 2012.
Turkey has been ranked 15th within the group of 22 countries we follow in terms of non-performing loans as a share of bank equity, 27 places above the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.