The share of so-called bad loans continues to grow and at the end of June exceeded 15 percent – out of a total of 286.4 billion kuna in loans at banks in Croatia at the end of June this year, 15.11 percent, or 43.3 billion kuna, is in the category of partially recoverable and completely unrecoverable loans, according to data published today on the website of the Croatian National Bank (HNB).
The total amount of bad loans compared to the end of last year increased by just over 3.7 billion kuna, and the share of bad loans in total loans increased by 1.18 percentage points, from 13.93 percent at the end of 2012 to 15.11 percent at the end of June this year.
Data from the central bank show that the share of bad loans for loans to citizens is 10.33 percent, while companies continue to face significantly greater problems with servicing loans, where the share of partially recoverable and completely unrecoverable loans in total loans is 26.89 percent.
At the end of June this year, the collection of 29.7 billion kuna was questionable for trading companies out of a total of 110.5 billion kuna in loans granted to that sector.
Total loans to the population at the end of June amounted to 123.7 billion kuna, of which approximately 12.8 billion kuna was classified as bad loans.
The population is most indebted through housing loans, which amounted to 57.4 billion kuna at the end of June, of which the questionable collection is 7.07 percent, which amounts to nearly 4.1 billion kuna.
In terms of amounts, cash non-purpose loans follow with a total of 36.9 billion kuna, and at the end of June, the share of bad loans for these loans was 9.59 percent, which amounts to 3.5 billion kuna.
According to data from the central bank, there is a high risk of loan collection from citizens for overdrafts on transaction accounts (15.01 percent), for other loans to the population (24.84 percent), and the highest share of partially recoverable and completely unrecoverable loans among the population is in mortgage loans (25.55 percent).
