Mulberry Spanish banking brand four-year low in June – Investing.com Spain

(Reuters) – The default rate of Spanish banks marked a four-year low in June when registering a level of 9.44 percent, data showed on Thursday the Bank of Spain .

in this way, the current rate of delinquency again four years later than in June 2012 level, month in which Spain asked the European Union bailout for its banking sector after being severely affected by the economic crisis.

the volume of bad loans in June stood at 122.508 million euros, compared to a total of 1,298,002 million loans, representing an annual fall of 26,800 million.

Meanwhile, the total number of loans rose for the first time in eight months, but still stands at 59.640 million below the figure recorded in the same month last year

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