Decoupling between non-performance and provisions
Fecha: julio 2021
Marta Alberni, María Rodríguez, Federica Troiano
Surprisingly, Spain saw its banks’ non-performance ratio fall during the crisis alongside a significant provisioning effort. However, if banks are to absorb their pandemic-related losses by the end of 2022, they will need to step up their provisioning by 20-25% compared to 1Q2021 levels.