The delinquency of loans granted by Spanish banks fell to 4.19% at the end of April, from 4.24% the previous month, which falls to its lowest level since January 2009, according to data published this Thursday for the Bank of Spain.
The credit portfolio that was in force until the fourth month of the year totaled 1,221 billion euros, above the 1,213 billion euros at the end of March.
On the contrary, doubtful loans were reduced by around 284 million compared to the previous month, and stood at 51,201 million euros, the lowest amount in defaults since September 2008.
Compared to the data for April 2021, credit delinquency went from 4.53% registered then to 4.19% this year, and the doubtful portfolio fell by just over 3,500 million.
The Bank of Spain also publishes each month the aggregate delinquency of banks, savings banks and cooperatives -rural and professional banks-, on the one hand, and, on the other, that corresponding to consumer finance companies or credit financial establishments.
The delinquency of banks, savings banks and cooperatives fell to 4.09% from 4.15% that marked the previous month, its lowest since January 2009.
The drop in non-performing loans of deposit institutions is marked by the increase in the credit portfolio in the month of April, up to 1,172 billion euros, combined with the cut in the balance of non-payments by almost 300 million euros, up to 47,994 million.
On the contrary, the delinquency ratio of consumer finance companies (EFC) worsened to 7.12% compared to 7.08% in March, its second consecutive month above 7% and also its highest level since May 2016.
The portfolio of these credits, which are used mainly for the purchase of large consumer goods, including cars, household appliances and even mobile phones, remained at around 42,000 million euros, slightly down.
On the contrary, the doubtful ones grew a little, despite remaining below 3,000 million euros.
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