Sareb, Sociedad de Gesti\u00f3n de Activos Procedentes de la Reestructuraci\u00f3n Bancaria, was born out of the need, shared by the Spanish government and European authorities, to recapitalize several institutions affected by the financial and real estate crisis that began in 2008. Its mandate is to manage and liquidate the impaired assets of these institutions and thereby repay the debt that Sareb issued which bears the guarantee of the Spanish State. Moreover, it does so by incorporating the principle of sustainability and social utility in its management.<\/p>\n\n\n\n
During 2012 and 2013, the company received 198,211 problem assets from a group of successor institutions to 24 savings banks and their subsidiaries that had received public aid. The assets were transferred in two phases:<\/p>\n\n\n Caja Madrid, Bancaja, Caja Insular de Ahorros de Canarias, Caja de \u00c1vila, Caixa Laietana, Caja Segovia, Caja Rioja<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n Caixa Catalunya, Caixa Tarragona, Caixa Manresa<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n Caixanova, Caixa Galicia<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n Entidad controlada por NCG Banco<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n Entidad controlada por Bancaja<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n Caja Duero, Caja Espa\u00f1a<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n Cajamurcia, Caixa Pened\u00e9s, La Geral, Sa Nostra<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n CajaAstur, Caja de Ahorros de Castilla-La Mancha, Caja Extremadura, Caja Cantabria<\/p>\n\n\n <\/div>\n <\/div>\n<\/section>\n\n\n\n This portfolio, which included loans to developers and foreclosed real estate, was acquired through the issuance of \u20ac50,781 million in bonds guaranteed by the Treasury. Since then, Sareb has managed each asset with the aim of maximising the repayment of its debt, seeking to minimise losses for the taxpayer.<\/p>\n\n\n\n In 2022, the State, through the FROB, took a majority stake in the company and incorporated the principles of sustainability and social utility into its management, which enabled Sareb to implement several social initiatives in the areas of housing and land. Since 2025, these initiatives have included the transfer of residential assets to CASA 47, the Spanish state-owned housing company.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Sareb, Sociedad de Gesti\u00f3n de Activos Procedentes de la Reestructuraci\u00f3n Bancaria, was born out of the need, shared by the Spanish government and European authorities, to recapitalize several institutions affected by the financial and real estate crisis that began in 2008. Its mandate is to manage and liquidate the impaired assets of these institutions and …<\/p>\n","protected":false},"author":2,"featured_media":76341,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-16212","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/pages\/16212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/comments?post=16212"}],"version-history":[{"count":39,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/pages\/16212\/revisions"}],"predecessor-version":[{"id":128742,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/pages\/16212\/revisions\/128742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/media\/76341"}],"wp:attachment":[{"href":"https:\/\/www.sareb.es\/en\/wp-json\/wp\/v2\/media?parent=16212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Group 1<\/h2>\n
Group 2<\/h2>\n