The bad-debt ratio of Spain's banking sector rises for the 9th straight month - 7.61% of loans...

|By:, SA News Editor

The bad-debt ratio of Spain's banking sector rises for the 9th straight month - 7.61% of loans are 90 days or more overdue in December (7.51% previously). It's a 17-year high for the figure, which was below 1% prior to 2008. Overall credit continues to shirk, down 3.3% Y/Y in December.