Banco Pastor closed 2010 with 4813 millions

2011
02.21

Banco Pastor closed 2010 with 4.813 million for real estate credits. Madrid, Feb 11 () .- El Banco Pastor closed 2010 with credits related to real estate and construction valued at 4.813 million euros, of which 769 million are questionable, ie 90 d had as default.
According to figures released today by the state, the total investment credit (4,813,000), 935 million euros estn classified as "substandard", which means that an ordinary being to have payment been considered as the Bank, Rift Platinum, of Spain under the economic sector.
The NPL coverage of real estate and construction reaches 92%, according to the entity.
Pastor Bank also indicates that the acquired property and awarded in 2010, 1.526 million euros.
Of these, 34% were completed buildings, 6% to buildings under construction, 53% to soil and 7% to other real estate assets.
The Spanish banking sector has, eve online isk, made public, upon demand of the Bank of Spain, a detailed report of his exhibition at risk real estate.
This year, according to the supervisor, to help dispel the doubts that exist about the Spanish financial system before they are published new stress tests of banks in Europe.
In 2010, the Banco Pastor earned a net profit of 62 million euros, 38.6% less than the 101 million won a year earlier, largely because 103 million to provide supplies reserves gene rich.

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