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Share of overdue bank loans in Latvia down

  • 2016-11-16
  • BNS/TBT Staff
The share of loans in arrears in Latvian banks’ loan portfolio decreased somewhat in the first nine months of this year, reaching 10.8 per cent, the Financial and Capital Market Commission (FCMC) reported. At the end of Sept. 2016, the total value of overdue bank loans was 1.635 billion euros, up 2.3 per cent or 37.497 million euros from the end of 2015. At the end of September, the share of bank loans overdue for up to 30 days made up 4.5 per cent (3.7 per cent in late 2015) of the total loan portfolio, loans overdue for 31 to 90 days accounted for 1.3 per...
 
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