Lending and bank guarantees, past due and nonperforming assets

The FIN-FSA publishes statistics on deposit bank lending, bank guarantees and past due and nonperforming assets by sector on a quarterly basis. As of 6/2018, only total lending and nonperforming assets will be recorded by industrial category.

The definition of nonperforming assets is based on the Technical Standard on supervisory reporting on forbearance and non-performing exposures under article 99(4) of Regulation (EU) No 575/2013, prepared by the European Banking Authority (EBA). An asset must be recorded as nonperforming where it involves exposures past due by more than 90 days or the debtor is assessed as unlikely to pay its credit obligations because of financial difficulties.

Supervised entities should report nonperforming assets in gross terms. The gross amount includes asset impairment losses related to the assets.

On its website, the FIN-FSA has provided monthly statistics on net nonperforming assets up to 12/2013 (impairment losses have been reduced). As a result of the change in definition, these net time-series statistics are no longer provided. Statistics on gross nonperforming assets started from 12/2014. The statistics will be provided quarterly.

Total lending includes the domestic banking sector and foreign credit institutions’ Finnish branches engaged in deposit bank activities.

Statistics based on the old definition are no longer updated.

History

Lending and bank guarantees, past due and nonperforming assets and impairment losses

FIN-FSA quarterly publishes statistics on deposit bank lending, bank guarantees and past due and nonperforming assets by sector and industrial category.

A new definition of nonperforming assets is based on a technical standard prepared by the European Banking Authority (EBA) on supervisory reporting on forbearance and non-performing exposures under article 99(4) of Regulation (EU) No 575/2013.

In accordance with the new definition, nonperforming assets include the following new items:

  • not past due exposures, debtor unlikely to pay
  • exposures past due by less than 90 days , debtor unlikely to pay.

Supervised entities should now report gross nonperforming assets instead of previous net amounts. The gross amount includes asset impairment losses, whereas impairment losses have been deducted from net assets.

FIN-FSA has on its website provided monthly statistics on net nonperforming assets up to 12/2013. As a result of the change in definition, these net time-series statistics are no longer provided.

New statistics will be provided starting from 12/2014. They will include lending and bank guarantees, past due and nonperforming assets and impairment losses. The statistics will be provided quarterly.

Total lendings include Aktia Bank, Danske Bank, Evli Bank, the Mortgage Society, Nordea, Oma Savings Bank, OP Cooperative, local cooperative banks (POP), S-Bank, savings banks prior to the amalgamation, Central Bank of Savings Banks Finland, Ålandsbanken and foreign credit institutions’ Finnish branches engaged in deposit bank activities and subject to reporting requirements.

31.12.2014–31.3.2018 (in Finnish)

 

Lending and bank guarantees by sector and industrial category

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Nonperforming assets

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Nonperforming assets and impairment losses by sector and industrial category

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