In June the percentage of non-performing loans in Spain has hit a new high. Doubtful loans reached 11.6 percent of total assets. In November of last year Spain tried a bad bank scheme to reduce the pressure on the balance sheets. It only helped for a few months. The Banco de Espana released the June numbers on Monday, a total of € 176 billion loans was non-performing, which is lower than the € 192 billion in November of last year, due to the bad bank, but in relative terms "only" 11.4 percent of loans did not perform back when. In November and January non-performing loans were taken of the bank balance sheets, which can be seen in the following graph.