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Its provisions for bad loans dropped 36 percent.
All of them make inadequate provisions for bad loans, allowing them to overstate their income.
If you can make provisions for bad loans, why not bad maths too?
One crucial expense — building a reserve for bad loans — had a significant decline.
Spain's have sucked in billions of euros in aid to make up for bad loans.
The fall was caused by higher provisions for bad loans and rising interest costs.
Again, the official figure for bad loans, at 1% last year, is a bad joke.
Several banks have set up special collection teams for bad loans.
Meanwhile, charges for bad loans have plunged as the rotten assets have washed through the system.
Earnings were helped because the bank set aside less money for bad loans.
In addition, banks will be subjected to another round of inspections for bad loans.
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CEO of Professional Science Editing for Scientists @ prosciediting.com