Bankinter has a portfolio of 400 non-performing properties in Portugal

Bankinter has a portfolio of 400 non-performing properties in Portugal

 

According to Economic newspaper, Bankinter reduced its mortgaged real estate portfolio at the end of 2017 to €411.6 million, €111.9 million less from the same period last year, 44% of which are residential real estate. In Portugal, the portfolio of non-compliance adds up to 400 properties, almost exclusively residential.

The same source points out that NPL radio in Portugal has fixed at 7.5%, 1% below the value registered at the end of 2016, for a total of €392 million.

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