Friday, March 18, 2011

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Delinquencies financial system exceeds 6%, highest since the 95.

rate loan delinquency English financial system (banks, savings banks, cooperatives and credit institutions) stood in January 2011 at 6.061% versus 5.813% the previous month.

According to data released Friday by the Bank of Spain, is the highest delinquency rate in the last 16 years, since October 1995 climbed to 6.126%.

Compared with January 2010, the delinquency has risen about 0.7 percentage points, because at that time was at 5.3%. Copying

www.eleconomista.es


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