Tag Archives: floor

Expect higher sneak commissions from Cajamar over the next few months after the rural bank admitted that defaults on loans have soared to 15,10%. The admission comes as Cajamar admits this is impacting its ability to keep offering credit lines to customers. It’s total amount of loans on offer have sunk to 34 billion euros. Although part of the increase is down to new accounting rules from the Bank of Spain (ie, they can’t sweep Continue reading Cajamar: mortgage floor abolished for all, but 15% default of loans…→