Non-performing loans reached 38.4 RON bil in 2012 in Romania, according to the National Central Bank. This is 22 % more than in the previous year.
Historically, non-performing loans in Romania reached an all time high of 38.4 RON bil in 2012 and an all time low of 0.180 RON bil in 2002. When compared to Romania's main peers, non-performing loans in Bulgaria amounted to 9.62 BGN bil, 2,598 HUF bil in Hungary, 5.07 MDL bil in Moldova and 169 UAH bil in Ukraine in 2012.
Romania has been ranked 50th within the group of 103 countries we follow in terms of non-performing loans, 24 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.