Uncovered non-performing loans as a share of bank equity reached 3.78% in fourth quarter of 2023 in Canada, according to the National Central Bank. This is 15.8% more than in the previous quarter.
Historically, uncovered non-performing loans as a share of bank equity in Canada reached an all time high of 8.72% in 4Q2009 and an all time low of 1.74% in 3Q2006.
Canada has been ranked 35th within the group of 59 countries we follow in terms of uncovered non-performing loans as a share of bank equity.
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