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Non-performing exposure tracker — Q3 2022

The NPE tracker aims to monitor key developments in European credit and NPE markets during the current downturn and beyond.

Are inflation and interest rates starting to have an impact on banks’ asset quality?

This edition of the tracker focuses on four key findings:

  1. Macroeconomic challenges are showing through provisions
  2. Europe’s Stage 2 classified loans have trended upward from last year’s level
  3. European banks’ asset quality sentiment is declining, based on the latest market communications, and we expect continued pressure in future quarters
  4. NPL stocks continue to fall, but market trends indicate a future increase in NPL volumes

The tracker draws on data from European regulators and supervisors, quantitative data from other credible sources, and EY’s engagement with a wide range of clients (see methodology for details).


Download the PDF - Non-performing exposure tracker - Q3 2022