Monday, January 24, 2022


Banco Santander & Blackstone Consider Refinancing Quasar

The real estate company created to take over Banco Popular's toxic assets has debt with Morgan Stanley and Deutsche Bank amounting to 7.3 billion euros.

Haya is Awarded the Management of 6,400 REOs from Cerberus and the FROB

The contracts signed with Cerberus and the FROB have a nominal value of around 500 million euros.

Spain Has the Third-Highest NPL Level in Europe

The NPL ratio is 4.5%, higher than the European average. Banks have offloaded real estate assets worth more than 7 billion euros in 2021.

NPLs in Spain Now Total €83.1 Billion

Spain has the second-highest level of non-performing loans (NPLs) in Europe, behind just France.