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Days payable outstanding

With the entry into force of Law 31/2014 of 3 December, which amends Law 15/2010 of 5 July, which, in turn, amended Law 3/2004 of 29 December, which establishes measures for combating late payment in commercial transactions, corporations are required to expressly publish the average time frame in which they pay suppliers in the notes to their annual financial statements and on their website.
As per the Resolution of the Instituto de Contabilidad y Auditoría de Cuentas dated 29 January 2017, at the end of 2010, the average time frame in which payment to suppliers was made was 21.70 days for Bankinter, S.A. and 22.15 days for Bankinter Group

 

2018 individual annual accounts of Bankinter S.A.

  2018
  days
Average supplier payment period of Bankinter 21.70

2018 consolidated financial statements of Bankinter Group

  2018
  days
Average supplier payment period of Bankinter Group 22.15
Information from the consolidated financial statements of Bankinter GroupOpens in new window(6.79 MB) PDF document (page 167).

 

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