The money will allow for a clean-up of bank balance sheets begrimed by dud loans granted to property developers during the inflation of spain 's colossal property bubble .

这笔资金将扫清由房地产开发商发行的抵押贷款造成的银行资产坏账，这笔坏账在西班牙巨大资产泡沫的通胀时期产生。