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Spanish banks' bad loans 9.3 pct of total credit in October

Source: Reuters - Tue 20th Dec 2016
Spanish banks' bad loans 9.3 pct of total credit in October

The Spanish Central Bank yesterday reported how bad debts held by the country's various banking institutions came to 9.3% of total credit by the end of October.

Officials also said how questionable loans remained stable at EU117.8 Bln in October while total credit fell EU7.3 Bln from a month earlier to EU1.270 Trillion.

Spanish banks' bad loans stood at 9.2% in September.

Recommended Reading :

* Spain makes early repayment of EU1 Bln loan : European Stability Mechanism

* Spain's bad loans ration down slightly at 9.44% in June