In 2023, the bank nonperforming loans to total gross loans in Finland stood at 1.52 units. Over the last two years, the year-on-year variations show a mild increase: 3.45% in 2022 and 4.89% in 2023. Forecasted values indicate a continued rise, with a compound annual growth rate (CAGR) of 3.61% over the next five years, leading to a forecasted 19.42% growth from 2023 to 2028.
Future trends to watch for include:
• Potential regulatory changes affecting lending standards. • Economic conditions influencing loan performance. • Adoption of improved risk management and lending technologies. • Shifts in the retail and commercial lending landscape.
