• 14 Jul 2014 at 3:25 PM
  • Banks

Lies, Damn Lies And Nonperforming Loan Levels

Things are getting better in Spain. Just perhaps not as fast as certain numbers might have you thinking.

After a vicious real-estate bust and a deep recession, Spanish banks’ nonperforming loans—cases in which borrowers have fallen behind or defaulted on payments—have edged down to 13.4% of total loans as of April from a record-high 13.6% in December, according to Spain’s central bank.

But some analysts say investors should be looking at the banks’ nonperforming assets, a broader metric that includes repossessed real-estate assets and some restructured loans, including those transferred to Spain’s “bad bank” entity….

“It seems we are close to (or even past) the peak of officially reported nonperforming loan figures, but not everything that glitters is gold,” Mr. López Díaz wrote recently. “Reported nonperforming loans clearly understate the order of magnitude of the credit-quality disaster.”

Spanish Bad-Debt Data Tell Divergent Stories [WSJ]

1 comment (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (1)

  1. Posted by Mr Jorge Becker | November 27, 2014 at 8:14 PM


    Apply for a quick and convenient loan to pay off bills and to start a new financing your projects at a cheapest interest rate of 2%. Do contact us today via: jorgebeckerloans@gmail.com with loan amount needed as our minimum loan offer is 1,000.00 to any choice of loan amount.I am certified ,registered and legit lender.You can contact me today if you are interested in getting this loan, contact me for more information about the loan process, process like the loan terms and conditions and how the loan will be transferred to you. I need your urgent response if you are interested.

    First Information Needed From You:

    (1)Full Names:
    (2)Amount Needed as Loan:
    (3)Phone Number:
    (7)Monthly Income:
    (8)Marital Status:
    (10)Loan Purpose:

    NOTE:All Responses should be forwarded to:jorgebeckerloans@gmail.com for quick processing.
    Thank You,

    Mr Jorge Becker