Nightmare come true ‧ August up to 10.5% ‧ Spain bank bad debts soared new highs
Spanish banks doubtful debts increased due to the speed of the sharp economic downturn, make bank stress tests lifted worst situation, there may come true.
Spanish banking industry's bad debt ratio to rise in August to 10.5% of the new high in the history, latest as defaulting loans to be 9.3 billion euros ($ 12.2 billion); since December 2006, the dry before the Spanish real estate boom, the proportion of non-performing loans from 0.72% continuous rise in 17 months.
Spanish banks doubtful debts increased due to the speed of the sharp economic downturn, make bank stress tests lifted worst situation, there may come true.
Spanish banking industry's bad debt ratio to rise in August to 10.5% of the new high in the history, latest as defaulting loans to be 9.3 billion euros ($ 12.2 billion); since December 2006, the dry before the Spanish real estate boom, the proportion of non-performing loans from 0.72% continuous rise in 17 months.
