Will the period of small loan losses continue?
Pesola, Jarmo (19.06.2007)
Numero
2
2007
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408075207Tiivistelmä
The amount of banks' loan losses has been extremely small throughout the current decade. This clearly contrasts with the situation in the early 1990s recession and banking crisis when loan losses at worst amounted to nearly 5% of banks' stock of lending. The low level of loan losses is not only a Finnish phenomenon. Instead it has become almost global in recent years.16 The situation does not seem to be changing in the short term.