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(AFX UK Focus) 2010-02-18 11:22 Spain bad loans rise to new 13-yr high in Dec (Interactive Investor)

MADRID, Feb 18 (Reuters) – Bad loans held by Spanish financial institutions rose to a new 13-year high in December as banks reined in new credit and borrowers struggled to repay debts as recession maintained its grip on the economy. Non-performing loans (NPL) as a percentage of total credit for Spain’s banks and financing cooperatives, but excluding retail credit cards, rose to 5.08 percent in …


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(AFX UK Focus) 2010-02-18 11:22 Spain bad loans rise to new 13-yr high in Dec (Interactive Investor)

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