Non-performing loans less provisions reached 53.3 EUR bil in 2017 in Greece, according to the National Central Bank. This is 104 % more than in the previous year.
Historically, non-performing loans less provisions in Greece reached an all time high of 53.3 EUR bil in 2017 and an all time low of 2.28 EUR bil in 2007. When compared to Greece's main peers, non-performing loans less provisions in Albania amounted to 22.5 ALL bil, 4.21 BGN bil in Bulgaria, -2.01 MKD bil in Macedonia and 13.3 TRY bil in Turkey in 2017.
Greece has been ranked 17th within the group of 74 countries we follow in terms of non-performing loans less provisions, 8 places above the position seen 10 years ago.
Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.