Default on loans granted by all credit institutions companies and individuals It continued its downward trend with 3.54% in December, the lowest level since December 2008, below 3.68% and 3.37% in November.
Interval data is also 75 basis points drop Compared to the level of 4.29% recorded in the same month of 2021, as reflected in the provisional data of the Bank of Spain.
Volume of doubtful loans In the last month of the year it was 43,159 million euros, 4.87% less than in November 2021 and 17.86% less than in December.
Despite the decrease in the total loan volume extended to the domestic private sector, the NPL ratio decreased. Specifically, there were 1,219 trillion euros in loans, which is 12,000 million euros less than in November, representing a relative decrease of 0.97%. Moreover, Compared to December 2021, it decreased by 4,000 million.
The figures include the methodological change in classification. Financial Credit Institutions (EFC), As of January 2014, it is no longer considered in the category of credit institution.
Had he not included the change, the default would have been 3.64% in December as the loan balance was 3.64%. 1.185 billion euros that month, excluding the EFC loan.
Data separated by asset type reflects the suspect ratio of the cluster. depository institutions (banks, savings banks and cooperatives) It closed December at 3.45%, below 3.59% of the previous month and 4.21% of the previous year.
on his side, default rate The ratio of financial credit institutions was 5.93% in the twelfth month of the year, higher than 6.37% in November, but below 6.89% in the previous year.
According to the data of the Central Bank of Spain, the provisions of all credit institutions 31,069 million euros in Decemberdecreased by 3.58% compared to the previous month and by 19.32% compared to December 2021.