Written answers
Thursday, 8 March 2018
Department of Finance
Mortgage Arrears Rate
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
38. To ask the Minister for Finance the non-performing loan ratio on residential mortgages according to the latest statistics; the non-performing loan ratio on residential mortgages in each eurozone country; and if he will make a statement on the matter. [10889/18]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
I have been advised by the Central Bank of Ireland that the European Banking Authority (EBA) publishes data on a variety of measures including non-performing loans for 132 banks across 25 countries of the European Union (EU) and the European Economic Area (EEA). Table 1 "2017 EU-wide transparency exercise result" (attached) provides the non-performing loan ratio for households (which includes mortgage lending) across countries at Q2 2017 which are the latest statistics available.
| Table 1 – Household NPL Ratio | |
|---|---|
| Country | NPL Ratio |
| Total | 4.2% |
| Austria | 4.5% |
| Belgium | 4.0% |
| Bulgaria | 12.5% |
| Cyprus | 54.6% |
| Denmark | 2.2% |
| Estonia | 1.0% |
| Finland | 1.4% |
| France | 3.9% |
| Germany | 1.9% |
| Greece | 47.3% |
| Hungary | 15.6% |
| Ireland | 14.2% |
| Italy | 9.9% |
| Latvia | 7.4% |
| Luxembourg | 2.7% |
| Malta | 3.9% |
| Netherlands | 1.2% |
| Norway | 0.4% |
| Poland | 5.0% |
| Portugal | 8.9% |
| Romania | 4.9% |
| Slovenia | 4.7% |
| Spain | 4.5% |
| Sweden | 0.7% |
| United Kingdom | 2.2% |
| Rest of Sample | 1.4% |
Source:
No comments