Bankinter CEO: bad loans ratio may hit 5 pct in 2013

MADRID Thu Jan 24, 2013 6:28am EST

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MADRID Jan 24 (Reuters) - Bankinter's bad loans ratio may hit 5 percent this year given Spain's weak economy and high unemployment, the bank's chief executive officer said on Thursday.

Earlier, Bankinter said its bad loans ratio reached 4.28 percent at the end of 2012, up from 4.02 percent at end-September.

(Reporting By Sarah White; Writing by Tracy Rucinski)

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