Balance sheet management
Increased commercial activity throughout the year, together with the incorporation of TSB, is reflected in the growth of credit volumes and funds.
Reduction in balance of doubtful assets
(Dec. 2013 – Dec. 2015)
5,500M€ -22.4%
(Dec. 2013 – Dec. 2015)
5,500M€ -22.4%
Reduction of problem assets
(Dec. 2013 – Dec. 2015)
4,500M€ -12.8%
(Dec. 2013 – Dec. 2015)
4,500M€ -12.8%
Sale of real estate assets
16% more than in the previous year and with lower discounts
1,902units
16% more than in the previous year and with lower discounts
1,902units
Funds (ex-TSB)
Deposits +1.9% MMF +36.4%
Deposits +1.9% MMF +36.4%
Credit activities
Loans and advances (ex. non-performing loans and TSB)
+2.1% Mortgages (new loans ex-TSB) +39%
Loans and advances (ex. non-performing loans and TSB)
+2.1% Mortgages (new loans ex-TSB) +39%
Reduction in NPL ratio
-4.95%
-4.95%
The reduction of problem assets has surpassed the target included in the Business Plan.
32% of the loan book is located outside of Spain, ahead of the targets laid out in the business plan.