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Spain's bad bank could include consumer loans - sources
MADRID |
MADRID Oct 17 (Reuters) - Spain's bad bank could be widened beyond real estate to include non-performing consumer loans, Economy Ministry sources said on Wednesday.
The maximum size of the bad bank, set up to house toxic real estate assets from a 2008 property crash, will be 90 billion euros ($118 billion), although the final size will likely be considerably less, the sources said.
"The 90,000 figure is a maximum buffer, the final figure will be substantially smaller," one of the sources said.
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