Spain’s bad bank impacts on entities’ NPL rate despite overall lending falling
MADRID | February 24, 2015 | By Carlos Díaz Güell | Spanish banks’ NPLs rate went down by 1.1% in 2014 standing at 12.5% thanks to the sharp fall of the delinquency rate (12.5% year on year) that offset the impact of banks’ reducing their lending activity. In fact, if lending had remained stable in 2014 (it went down by -4.6%), the default rate would have been of 11%.