Non-performing loans less provisions reached 62.0 ZAR bil in 2017 in South Africa, according to the National Central Bank. This is 4.28 % more than in the previous year.
Historically, non-performing loans less provisions in South Africa reached an all time high of 94.4 ZAR bil in 2009 and an all time low of 53.4 ZAR bil in 2014. When compared to South Africa's main peers, non-performing loans less provisions in Botswana amounted to 1.32 BWP bil, 0.134 LSL bil in Lesotho and 1.87 NAD bil in Namibia in 2017.
South Africa has been ranked 16th within the group of 74 countries we follow in terms of non-performing loans less provisions.
Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.