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Non-performing loans rate drops 3.34pct in 2021

Last year, the rate of non-performing loans continued its downward trend from previous years, reaching the value of 3.34pct in December, compared to 3.71pct in December 2020, according to the 2021 Annual Report of the Fiscal Council.The provision coverage ratio reached 66.1pct at the end of 2021, up from 62.75pct the previous year, well above the European average of 44.5pct.Also, from a macroprudential point of view, it was possible to find ...

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