Spanish bad bank helps soothe problem loan ratio

Spanish banks’ bad loan ratio dropped in December for the first time in close to two years, helped by the government’s launch of a so-called ‘bad bank’ at the end of 2012 to manage toxic real estate assets from ailing lenders. The bad bank, known by its Spanish acronym Sareb, took on 37 billion e…

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Spanish bad bank helps soothe problem loan ratio

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