As regards the NPL structure, the corporate sector still accounts for the largest share. It accounted for around 45% of total NPLs in December 2016. At the same time, the NPL ratio has been on a decline (17.5% at end-December 2016). The gross NPL ratio for the household sector is much lower than for corporates (it equalled 10% at end-December 2016).
In late December 2016, the NPL ratio for housing loans was 8.7%, followed by 7.5% for cash loans. It is noteworthy that gross NPLs remain fully covered by loan loss reserves. At end-December 2016, loan loss reserves covered 131% of gross NPLs, while allowances for impairment (under the IFRS) covered 67% of gross NPLs.