About us
Sareb is not a bank. We are an entity created in 2012 with the mission of helping to strengthen the Spanish economy for a limited period of time
At Sareb we work each day to help strengthen the real estate and financial sector
Sareb was created in 2012 to manage and sell the troubled assets of rescued banks. We have already reduced a large art of the portfolio of loans and properties and we are still working on it, asset by asset, to accomplish our mission.
Our work
We began with around 200,000 loans and properties we acquired from the rescued financial entities. We work on optimising their value and selling them in an orderly manner within a limited time frame
Our commitment
Our mission is to liquidate the loans and properties from our portfolio and return the State-guaranteed debt, following a sustainable and responsible management model
News
What we have achieved so far
Step by step, we are achieving great things. Over these years we have managed to reduce our portfolio by €24, 456 million (48%). And, at the same time, we are transforming loans into properties (houses, land, offices, warehouses…), which are harder to sell.
There is still a long way to go, but we are going in the right direction.
