Problem loans

Selected transition countries
1991 1992 1993 1994
As % of loans to enterprises
and individuals
Hungary 9.4 20.7 42.6 30.2
Poland 16.5 26.8 27.4 29
Czech Republic 2.7 19.3 22.1 38.8
As % of total assets
Hungary 4.1 7.5 15.7 11.0
Poland 6.9 10.2 9.7 9.8
Czech Republic 1.2 10.4 10.5 20.1
As % of GDP
Hungary 3.5 5.4 11.9 7.9
Poland 2.2 3.3 2.7 3.2
Czech Republic 1.9 14.2 16.9 30.4

Source: Ronald W Anderson and others, Banking sector development in Central and Eastern Europe: Forum Report of the Economic Policy Initiative No 1 (London, Centre for Economic Policy Research, 1996)


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