SAREB/Bad Bank

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This topic contains 2 replies, has 2 voices, and was last updated by Profile photo of Anonymous Anonymous 3 years, 11 months ago.

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  • #57175
    Profile photo of Anonymous
    Anonymous
    Participant

    Any news on this i.e. has it start operating, where are the offices, how are they going to sell the properties, will the properties comes with a mortgage & if yes who is going to process the mortgage etc, etc ??

  • #113863
    Profile photo of logan
    logan
    Participant

    Katy posted this link on another thread.
    http://www.reuters.com/article/2012/12/07/spain-bad-bank-idUSL5E8N3HSH20121207
    Quote:
    “our feeling is it’s complete chaos”.
    BBVA have declined to take part. Others being pressurised by government. Who really wants it? The ECB. 🙁

  • #113867
    Profile photo of Anonymous
    Anonymous
    Participant

    Yep, sounds very much like Spain.

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