Tue, Sep 2, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Market Moves more

Spain won’t create ‘bad bank’ for real estate: De Guindos

Posted on 23 April 2012

Spanish Economy Minister Luis de Guindos rejected the creation of a state-sponsored “bad bank” to unload real-estate assets from the nation’s cash-strapped lenders.
Instead, de Guindos said lenders should move real estate assets into separate “entities” or create “securitized assets” for which they have already set aside provisions so that distressed properties can be more easily valued and sold………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930