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Spain Banks Face Pain as Worst-Case Scenario Turns Real – Bloomberg

Bad loans as a proportion of total lending jumped to a record 10.5 percent in August from a restated 10.1 percent in July as 9.3 billion euros ($12.2 billion) of loans were newly classified as being in default, according to data published by the Bank of Spain on its website […]

Spain Banks Face Pain as Worst-Case Scenario Turns Real – Bloomberg is a post from: My Marketing File http://bit.ly/S2lN4t