Bulgaria : Financial Sector Assessment Program: Technical Note - Non-Performing Loans Reduction Strategy

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

July 11, 2017

Electronic Access:

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Summary:

While the BNB has taken steps to promote reductions in nonperforming loans (NPLs) in the banking system, NPL levels remain high. Based on the BNB’s own methodology, gross NPL levels at end-June 2016 were a high 19.7 percent of total gross loans, with most NPLs over one year past due. Using the EBA’s NPL measure, this, too, shows Bulgaria among those EU countries with higher NPL levels.

Series:

Country Report No. 17/201

Subject:

English

Publication Date:

July 11, 2017

ISBN/ISSN:

9781484308462/1934-7685

Stock No:

1BGREA2017004

Format:

Paper

Pages:

58

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