Non-performing loans less provisions reached 83.4 ZAR bil in 2018 in South Africa, according to the National Central Bank. This is 34.5 % 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.
South Africa has been ranked 7th within the group of 22 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.