Bank nonperforming loans to total gross loans of Vanuatu jumped by 6.76% from 15.0 % in 2017 to 16.1 % in 2018. Since the 11.88% drop in 2016, bank nonperforming loans to total gross loans shot up by 48.58% in 2018.
The description is composed by our digital data assistant.Bank nonperforming loans to total gross loans are the value of nonperforming loans divided by the total value of the loan portfolio (including nonperforming loans before the deduction of specific loan-loss provisions). The loan amount recorded as nonperforming should be the gross value of the loan as recorded on the balance sheet, not just the amount that is overdue.
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