According to data published this Wednesday by the supervisory arm of the European Central Bank (ECB), Despite the fact that Spanish banks were the seventh most profitable during the third quarter of 2022, they also appeared as the least solvent of the nineteen countries that make up the euro area.
This report, reviewed by the Europa Press news agency, showed that specifically the ten Spanish banks (they did not indicate which ones) examined by the supervisor registered a CET1 capital ratio, the highest quality, of 12.48% between July and September , and 3 basis points below the data for the second quarter. Likewise, ahead of the Spanish banks were the Portuguese banks, with 13.59%, the Greek banks with an aggregate ratio of 13.74%, and the Austrian banks, with 14.28%.
Secondly, In terms of profitability, the same 10 Spanish banks registered a return on capital (RoE) of 10.53% which forced it to be behind the banks of Slovenia (18.80%), Greece (15.38%), Lithuania (13.54%), Belgium (11%), Latvia (10.91%) and Austria (10.86%). In this sense, it is also worth noting that the document published this Wednesday included data on credit exposures and non-performing loan ratios, which in the euro area as a whole, the ratio stood at 1.79%.
In the case of Spanish banks, they registered the fourth highest non-performing loan ratio, with 2.72%, 4 basis points less than in the second quarter. In absolute terms, the Spanish banks’ loan portfolio with payment problems rose by 120 million euros, to stand at 78.990 million.
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