Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's "bad bank" SAREB reports €261 mln loss for 2013

Source: Reuters - Thu 27th Mar 2014
Spain's 'bad bank' SAREB reports €261 mln loss for 2013

Spain's "bad bank" SAREB - where Spanish lenders transferred around €50 billion of real estate assets as part of their efforts to clean up balance sheets, on Thursday reported a €261 million loss for 2013.

SAREB said earnings before interest, tax, depreciation and amortisation (EBITDA) were €1.2 billion.

Comment on this Story

 
Be the first to comment on this Story !!