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Spanish Banks On Recovery
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TOPIC: Spanish Banks On Recovery

Spanish Banks On Recovery 3 months ago #3902

Spanish banks' bad loan ratio fell in December for the first time in nearly two years as lenders transferred their toxic debt to the so-called bad bank. The level of non-performing loans as a ratio to total lending dropped to 10.4% from a record 11.4% in November. Bad loans totaled EUR 167.4 billion in December compared to EUR 191.59 billion in the previous month.
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