this guilt total credits credit institutions Business and individuals remained at 4.19% According to provisional data from the Bank of Spain, in April compared to the 4.24% indicated in March and 4.53% recorded in April 2021.
Thus, the bad debt ratio continued to decline in April and has decreased to the minimum level since January 2009, when the ratio was 3.89%.
Loans extended to the sector increased by 0.65% compared to March and reached EUR 1,221 billion in April, while the total volume of doubtful loans decreased by 0.55% to EUR 51,201 million. Compared to April 2021, total credit increased by 0.61% and doubtful balance decreased by 6.89%.
The figures include the methodological change in the classification of Financial Credit Institutions (EFC), which has ceased to be considered in the category of credit institutions since January 2014. Excluding the change, the default will remain at 4.30% as the loan balance was €1,190 billion in April excluding the EFC loan.
Data disaggregated by institution type shows the dubious proportion of all depository institutions (banks, savings banks and cooperatives). It closed April at 4.09% compared to 4.15% in March and 4.46% a year earlier.
On the other hand, the default rate of financial credit institutions stood at 7.12% in the fourth month of the year, compared to 7.12% in March and 6.82% in April 2021.
drop off supplies
Provisions of credit institutions 35,319 million euros at the end of April 2022It represents a decrease of 0.12% compared to the previous month and 14.36% compared to the previous year.
The provisions of deposit institutions were placed at EUR 32,886 million in April, 0.20% less than in March and 14.90% less than the previous year.