Provisions to Non-Performing Loans for Finland
DDSI07FIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.44
Year-over-Year Change
-45.94%
Date Range
1/1/2001 - 1/1/2020
Summary
The 'Provisions to Non-Performing Loans for Finland' metric tracks the value of loan loss provisions made by Finnish banks against their non-performing loans. This data point is a key indicator of the soundness and resilience of the Finnish banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric represents the total provisions or reserves set aside by Finnish banks to cover potential losses from non-performing loans. It provides insight into the perceived credit risk and asset quality within the Finnish financial system.
Methodology
The data is collected and reported by the World Bank based on submissions from the Central Bank of Finland.
Historical Context
Policymakers and analysts use this metric to assess the health and stability of the Finnish banking industry and its ability to withstand economic shocks.
Key Facts
- Finland has one of the most stable and well-capitalized banking sectors in Europe.
- Loan loss provisions have remained low in Finland compared to many other European countries.
- This metric is closely watched by the Finnish Financial Supervisory Authority and the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: This metric measures the value of loan loss provisions set aside by Finnish banks against their non-performing loans. It indicates the perceived credit risk in the Finnish banking system.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the asset quality and financial health of the Finnish banking sector, which is critical for assessing its stability and resilience to economic shocks.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on submissions from the Central Bank of Finland.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to monitor the soundness of the Finnish banking industry and inform decisions related to financial stability and macroprudential policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the information is collected and aggregated by the World Bank. The availability and frequency of updates can vary over time.
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Citation
U.S. Federal Reserve, Provisions to Non-Performing Loans for Finland (DDSI07FIA156NWDB), retrieved from FRED.