Increased interest of funds in NPLs in 2016 - UniCredit expects NPLs fall in Serbia

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Forecast of UniCredit group, related to bad loans, so called non-payable loans is more than optimistic when it comes to Serbia where fall in loans share of 20% in 2016 to 18% in 2017 was generated. Serbia has still been, according to that forecast, among the top-ranked countries with the highest stake of NPL. For instance, it was estimated that in Slovenia this year, share of NPL will be11%, and 10% in the next one. In neighboring Croatia, it was estimated that level of bad loans this year will total 17,5%, and 16,5% a year later.

Cezzario said for Tanjug that the bank has been successful in managing its portfolio of non-payable loans in Serbia and that they generated even better result here than planned.