Spanish, Italian big banks purged bad loans in 2019

Top lenders in Italy and Spain – two eurozone member states hit hardest by the region's financial crisis – continued to shed non-performing loans (NPLs) in 2019.

The two Italian and three Spanish lenders counted among the world's largest 75 banks cut their net NPL ratios by an average of 56 basis points in 2019, to 3.1%.

Bulge-bracket Spanish banks BBVA, CaixaBank and Santander had end-2019 NPL ratios of 3.8%, 3.6% and 3.3%, respectively. Big Italian lenders Intesa Sanpaolo and UniCredit had

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: