Daily Archives: February 28, 2011

Banks’ Risk at €217b may Bring Better Opportunities for Buyers

Well, 2011 starts at least with an exercise of honesty and transparency in the Spanish market - at least we hope. After January, with banks and saving banks (Cajas de Ahorros) having disclosed their property balances and risk exposure, the final figure of distressed property assets and risk exposure in financial entities stock is €217,000 million (updated to January 2011). It means €36,0