Prime Yield at the Press – elEconomista
The stock of NPL in Spain totalled €76.7 billion as of June 2023, a volume that corresponds to 21% of the European bad debt. This volume corresponds to 2.8% of total loans in the Spanish financial system, the lowest ratio on record, but still above the European average of 1.8%.
Another important fact is that the sale of NPL portfolios in Spain is expected to have totalled €16 billion in 2023, accelerating year-on-year and going against the downward trend seen across Europe.
These are some of the main conclusions of the research developed by Prime Yield about investment in NPLs in Iberia, which the elEconomista news platform echoes in a recent article.
Full article here.
