Bank of Spain denies Spanish banks are delaying losses by acquiring NPAs

The Bank of Spain has denied Spanish banks are postponing the recognition of losses linked to property developers by acquiring underlying non-performing assets (NPAs).

As well as restructuring loans to Spain's ailing property developers, Spanish banks have frequently taken a more active role in managing the underlying assets - an approach that was tested in Spain's property crisis in the 1990s. Many have set up specialist real estate units to manage NPAs and sell houses on directly to consumers

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: