Non-performing loans reached 0.796 EUR bil in 2007 in Luxembourg, according to the National Central Bank. This is 47 % more than in the previous year.
Historically, non-performing loans in Luxembourg reached an all time high of 0.796 EUR bil in 2007 and an all time low of 0.541 EUR bil in 2006.
Luxembourg has been ranked 44th within the group of 61 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.