Will the period of small loan losses continue?
Pesola, Jarmo (19.06.2007)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075207
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.