Non-performing loans as a share of bank equity reached 15.4 % in 2017 in Turkey, according to the National Central Bank. This is 8.800000000000001 % less than in the previous year.
Historically, non-performing loans as a share of bank equity in Turkey reached an all time high of 19.1 % in 2009 and an all time low of 12.2 % in 2011. When compared to Turkey's main peers, non-performing loans as a share of bank equity in Bulgaria amounted to 65.8 % and 335 % in Greece in 2017.
Turkey has been ranked 54th within the group of 77 countries we follow in terms of non-performing loans as a share of bank equity.
A non-performing loan is a loan that is in default or close to being in default.