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Official data on bankruptcy and approval agreements

Publicado el 5/10/2018

In 2015 there were about 5,000 competitions of companies (rounding off the official figure of 4,916 of the INE), the approved refinancing agreements were only 94 (according to the previous REFOR-CGE study of refinancing agreements), which represent only 2% of the annual creditors' competitions. Regarding the data of the total of competitions of companies of 2016 (number of the INE made public in February 2017) were 4,080. For its part, the refinancing agreements approved, in 2016, its number was 90 similar to that of 2015 (there were 94) so the figure of its comparison with the number of bankruptcy contests is only 2% (which it turns out to be a very small number compared with the bankruptcy proceedings). The number of bankruptcy contests in 2017 according to BOE data published on February 8, 2018 is 4,095, which gives us an index of 0.022 for the year 2017.

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