Spain households debt

Private debt in Spain is adjusting

The Process Of Private Debt Adjustment In Spain May Be Nearing An End

Financial institutions, companies and households have continued to adjust the debt accumulated in the first half of the year. In the case of non-financial companies and households, their level of debt is increasingly closer to the European average, against a backdrop of greater economic growth and preference for home ownership.



Spanish mortgages

Spanish Banks Have Refinanced Or Restructured Over 10% Of Existing Mortgages

J.L. M. Campuzano (Spanish Banking Association) | The Spanish banks have made a big effort over the last few years to provide solutions for more than a million households experiencing difficulties in meeting their mortgages repayments. We estimate that over 10% of current existing mortgages have been refinanced or restructured.