Santander has transferred almost 1 billion of toxic assets to funds so far this year.
The Spanish banks drag a real estate inheritance from the previous crisis of 47,500 million, which rises to 79,000 million with Sareb.
The Spanish banks carried out a great cleaning of balance sheets between 2017 and 2018 and the drain continues, at a slower pace, during the Covid. Santander has been the most active in selling portfolios to venture capital funds. Thanks to this policy, the entity
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