Banking sector

The banking sector is weak with deteriorating loan portfolio of commercial banks and rising nonperforming loans (NPLs). The ratio of NPLs to total loans increased to over 22 % in June 2015 from 16.5 % in June 2014.

World Bank Doing Business ranking

                                                                        2017                                      2016

Overall                                                            171                                        168

Starting a Business                                          172                                        171

Dealing with Construction Permits                120                                        118

Getting Electricity                                          172                                        171

Registering Property                                      168                                         166

Getting Credit                                                181                                         181

Protecting Minority Investors                        178                                       180

Paying Taxes                                                 106                                         103

Trading across Borders                                 155                                         155

Enforcing Contracts                                      184                                         184

Resolving Insolvency                                  71                                              67