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Alior Bank SAAlior Bank wants to further reduce its NPL ratio in next quarter
Listed lender Alior Bank wants to further reduce its NPL ratio in the next quarter, bank's deputy CEO Tomasz Miklas announced at a conference.
Asked about the NPL target for the coming quarter, Miklas replied: "As far as NPL for the next quarter is concerned, our ambition is to lower it as in many previous quarters. A precise answer will be possible closer to the end of the year, as we have a number of initiatives in the pipeline that may be successfully realised."
"As far as the target NPL level in the corporate segment is concerned, it should be at the market level, i.e. in the range of 5-7 percent, depending on how large the share of micro and small businesses is in this segment," Alior's deputy CEO added.
In the third quarter, Alior's NPL ratio stood at 7.10 percent, down 2.29 percentage points over the past 12 months.
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