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Non-performing loans ratio in Cyprus 2009-2018

Published by Raynor de Best, Jan 27, 2021
This statistic presents the ratio of non-performing loans (NLP) to total gross loans in Cyprus from 2009 to 2018. Non-performing loans are those that are in default, or are close to being in default. Many standard contract terms specify that loans become non-performing after being in default for 90 days, but this can vary. A very steep increase of non-performing loans in the total loans portfolio took place during this period of time. In 2015, a total of 47.75 percent of total loans were non-performing in Cyprus. As of 2018, the ratio of total non-performing loans in Cyprus has decreased to under 20 percent.

Bank non-performing loans (NPL) to total gross loans ratio in Cyprus from 2009 to 2018

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Source

Release date

2020

Region

Cyprus

Survey time period

2009 to 2018

Supplementary notes

Data available in financial sector indicators section - under "bank non-performing loans to total gross loans (%)".

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