Non-performing loans as a share of bank assets reached 3.17 % in 2017 in Hungary, according to the National Central Bank. This is 38.3 % less than in the previous year.
Historically, non-performing loans as a share of bank assets in Hungary reached an all time high of 7.54 % in 2012 and an all time low of 1.63 % in 2006. When compared to Hungary's main peers, non-performing loans as a share of bank assets in Czech Republic amounted to 1.73 %, 3.98 % in Poland and 2.72 % in Slovakia in 2017.
Hungary has been ranked 40th within the group of 88 countries we follow in terms of non-performing loans as a share of bank assets, 13 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.