Arab Today, arab today spanish banks\ bad loan ratio hits record high in september
Last Updated : GMT 18:58:24
Arab Today, arab today
Arab Today, arab today

Spanish banks\' bad loan ratio hits record high in September

Arab Today, arab today

Arab Today, arab today Spanish banks\' bad loan ratio hits record high in September

Madrid - XINHUA

Spain's non-performing loan rate rose to 12.67 percent in September, the highest level in more than 50 years, the Bank of Spain reported on Monday. Loans that fell into arrears in the Spanish banking system increased by 0.55 percent on a monthly basis from 180.673 billion euros (244.144 billion U.S. dollars) in August to 187.830 billion euros in September. In annual terms, bad loans rose from 182.226 euros in September 2012 to the 187.830 billion euros in September 2013, said the Bank of Spain. The Bank reported that Spain's total credit portfolio decreased by 8.930 billion euros between August and September to 1.5 trillion euros, while emphasizing that the total credit portfolio fell by 12.94 percent in annual terms as it totaled 1.701 trillion euros in September 2012. Spanish banks non-performing loan rate had decreased in December 2012 and February 2012 due to transfers made by Spanish banks to the Spanish "bad bank" (SAREB), which helped reduce toxic assets from Spain's troubled entities. After that, Spain's bad loan ratio has been increasing for seven consecutive months and experts believe it will continue to grow as unemployment is very high and households and small companies struggle with debts. Experts believe that although Spanish economy has grown by 0.1 percent in the third quarter of the year, its impact on unemployment will not be seen in the short run. (1 euro=1.35 U.S. dollars)

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spanish banks\ bad loan ratio hits record high in september Arab Today, arab today spanish banks\ bad loan ratio hits record high in september

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday