Crédito y Caución | According to the tracking of bankruptcy proceedings published in the BOE (Official State Gazette), the business sector saw a 20% year-on-year increase in corporate insolvencies in August. For the year as a whole, this amounts to a 7.4% increase compared to the same period in 2024. By the end of August, 4,034 bankruptcy proceedings had been initiated in Spain, compared to the 3,757 that had been…
Informa D&B | A total of 6,268 insolvency proceedings and 20,731 dissolutions have been registered in Spain in the three quarters to September 2024, according to data on insolvency proceedings and dissolutions extracted by Informa D&B (a subsidiary of Cesce), a leading provider of Commercial, Financial, Sectorial and Marketing Information. Bankruptcy proceedings are up 26% compared to those accumulated in the same nine months in 2023, while dissolutions are down…
J. L. Martínez Campuzano (Spanish Banking Association) | There are very few doubts about the basic strength of the Spanish economy at the moment, in line with relevant data. But there is one statistic published recently which deserves some special attention, namely that related to Bankruptcy Proceedings in Q2.