PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Bank of Spain sees E166bn in property at risk
A Bank of Spain report on financial stability has estimated total accumulated real estate assets on bank books worth nearly E60bn, and said the entire potentially problematic exposure in real estate could reach E166bn. "Exposure to the construction and property development sectors implies a significant risk for the Spanish banking system," the central bank said in a report.