Search News and Articles
SPANISH LEGAL ASPECTS OF THE TRADING OF NON-PERFORMING LOANS
Spain has recently been referred to as one of the "hottest" European countries in terms of debt sales, specifically of non-performing loans. This should not come as a surprise in a scenario in which independent audits as of June 2012 revealed a EUR 62 billion capital shortfall in Spanish banks and in which the Spanish rate of non-performing loans stayed above eight per cent of all loans.
For more information please visit www.perezllorca.com