Non-performing loans as a share of bank loans reached 6.41 % in 2017 in Romania, according to the National Central Bank. This is 33.4 % less than in the previous year.
Historically, non-performing loans as a share of bank loans in Romania reached an all time high of 52.6 % in 1997 and an all time low of 1.10 % in 2002. When compared to Romania's main peers, non-performing loans as a share of bank loans in Bulgaria amounted to 10.4 %, 4.17 % in Hungary, 18.4 % in Moldova and 54.5 % in Ukraine in 2017.
Romania has been ranked 41st within the group of 113 countries we follow in terms of non-performing loans as a share of bank loans, 21 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.