FRANKFURT, July 7 (Xinhua) -- Non-performing loans (NPLs), also known as "bad loans," rose sharply in Germany in 2024 due to a surge in corporate insolvencies, according to a study by the consulting firm BearingPoint published on Monday.
Among all European countries, Germany recorded the steepest increase in NPLs, rising by 24.9 percent in 2024. By contrast, the average NPL increase among the 163 European financial institutions examined was just 1.1 percent, the study found.
