Non-performing loans less provisions reached 1.76 LTL bil in 2017 in Lithuania, according to the National Central Bank. This is 9.26 % more than in the previous year.
Historically, non-performing loans less provisions in Lithuania reached an all time high of 9.24 LTL bil in 2009 and an all time low of -0.294 LTL bil in 2005. When compared to Lithuania's main peers, non-performing loans less provisions in Belarus amounted to 36,626 BYR bil, 0.101 EUR bil in Estonia, 0.039 LVL bil in Latvia and 477 RUB bil in Russia in 2017.
Lithuania has been ranked 42nd within the group of 74 countries we follow in terms of non-performing loans less provisions, 4 places behind 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.