Non-performing loans as a share of bank assets reached 1.19 % in 2011 in Austria, according to the National Central Bank. This is 3.84 % less than in the previous year.
Historically, non-performing loans as a share of bank assets in Austria reached an all time high of 1.28 % in 2004 and an all time low of 0.772 % in 2008. When compared to Austria's main peers, non-performing loans as a share of bank assets in Hungary amounted to 6.56 %, 7.83 % in Italy and 0.580 % in Switzerland in 2011.
Austria has been ranked 81st within the group of 97 countries we follow in terms of non-performing loans as a share of bank assets.
A non-performing loan is a loan that is in default or close to being in default.