Mr Zapatero rejects the idea of creating a systemic “bad bank” to purchase dud loans, pointing out that all Spanish lenders will soon have provided detailed disclosure on their property assets.

对于建立劣质银行系统购买无用贷款的建议，首相萨帕特毫不留情地拒绝了。 他指出，在不久后，西班牙的贷款人就能详细地披露这些物业资产情况。

youdao

Spain is setting up what has been called a bad bank to take over the toxic assets held by country's Banks following the property crash.

西班牙将设立所谓的坏账银行，来接管房地产崩盘以来该国各银行持有的有毒资产。

youdao

The bad property in bank is to points in not good operate the appearance, it can't bring the commercial bank the normal interest income on time, even hard taking back the loan of the principal.

银行不良资产是指处于非良好经营状态的，不能及时给商业银行带来正常利息收入甚至难以收回本金的贷款。

youdao

Mr de Guindos is in the city to sell foreign investors on the so-called "bad bank", where Spain will park the poor property assets that are weighing down its lenders.

BBC: Spain does not need a bailout - Luis de Guindos

The nationalisation comes after the European Commission blocked an earlier plan that would have seen the country's other large banks, Rabobank, ING and ABN Amro, contribute capital to a so-called "bad bank" to house SNS Reaal's distressed property assets.

CNN: Netherlands nationalizes SNS Reaal

The plan would stabilize local property values and simultaneously remove bad loans from bank balance sheets.

FORBES: A Monster Real Estate Paradigm Shift Demands A New Direction for Capital