Share of bad loans in Slovakia slips to 4.7% in July 2012.

By bne IntelliNews September 3, 2012
The share of bad loans in Slovakias banking sector reached 4.7% of total loans as of end-July 2012, down from 4.78% at end-June, central bank data showed. The total value of bad loans fell 2.2% y/y to EUR 1.97bn in July, following a 2.7% yearly decline in June. The total value of the bad loans in the Slovak banking system fell on an annual basis for the first time in September 2011 following a constant upward trend since the countrys entry into the euro zone in 2009. Compared to the previous month, bad loans edged 0.1% higher in July.
EUR thousands end-July-12 end-June-12 end-July-11 y/y change m/m change
BAD LOANS - TOTAL 1,967,271 1,964,654 2,012,097 -2.2% 0.1%
Bank overdrafts and resolving credits 283,451 277,353 336,899 -15.9% 2.2%
Operating loans 68,503 68,248 62,077 10.4% 0.4%
Investment loans 442,656 445,778 464,725 -4.7% -0.7%
Consumer loans 200,822 197,617 206,500 -2.7% 1.6%
Mortgage loans 104,024 102,811 106,751 -2.6% 1.2%
Building loans 7,475 7,506 7,054 6.0% -0.4%
Intermediate loans for house purchase 84,582 84,553 94,312 -10.3% 0.0%
Other loans for house purchase 459,379 462,002 373,070 23.1% -0.6%
Other loans 289,414 292,030 326,152 -11.3% -0.9%
Credit cards 26,965 26,756 34,557 -22.0% 0.8%

Share of bad loans in Slovakia slips to 4.7% in July 2012.

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