The information on Financial Stability, presented in the “Main Indicators”, comprises indicators of the Portuguese banking system and the composite indicator of financial stress.
These data are also presented in Chapter A of the Statistical Bulletin – table A.26 “Financial stability”.
For a detailed explanation of the composite indicator of financial stress see: 'Composite Indicator of Financial Stress for Portugal', Financial Stability Papers of Banco de Portugal, Braga, J.; Pereira, I.; Reis, T. (2014).
Change to table A.26 of the Statistical Bulletin (2017/10) - The non-performing loans ratio replaced the credit at risk ratio as an indicator of asset quality, as part of the adoption of indicators defined at European level
The non-performing loans ratio replaced the credit at risk ratio as an indicator of asset quality. This change is part of the adoption of indicators defined at European level, reported in accordance with the Implementing Technical Standards on Supervisory Reporting of the European Banking Authority. The definition of non-performing loans follows international standards and is a broader concept than the concept of credit at risk.
Non-performing loans are loans and advances that comply with at least one of the following conditions: i) material exposures that are more than 90 days past-due (quantitative criterion); ii) the debtor is assessed as unlikely to pay its obligations in full without realization of collateral (qualitative criterion); iii) impaired assets, except for incurred but not reported (IBNR) impairments; and iv) defaulted credit, in accordance with the CRR prudential concept.
Last updated in 2017/10/06