Thursday, July 18, 2013

Reuters: US Dollar Report: Spain May bad loan ratio rises to 11.2 pct vs 10.9 pct in April

Reuters: US Dollar Report
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Spain May bad loan ratio rises to 11.2 pct vs 10.9 pct in April
Jul 18th 2013, 08:10

MADRID, July 18 | Thu Jul 18, 2013 4:10am EDT

MADRID, July 18 (Reuters) - Spanish banks' bad loans as a percentage of total credit rose to 11.2 percent in May from 10.9 percent in April, Bank of Spain data showed on Thursday.

Loans that fell in to arrears rose 3.1 billion euros ($4.1 billion) in May from April to 170.2 billion euros.

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