According to data from the Bank of Spain, credit granted by financial institutions to households and non-profit institutions resident in Spain fell by 1.8% in April 2024 compared to the same month in 2023, to €678,762 million, while financing to companies fell by 0.4%, to €928,705 million, according to data published on Monday by the Bank of Spain. Mortgage loans to households, which account for most of their total debt,…
MADRID | May 7, 2015 | By Luis Arroyo | Credit lending to the private sector (households and companies) continued to fall in March, according to the Bank of Spain. So as a matter of fact there is more lending activity in the country, yet the money is going to the public sector.
MADRID | May 6, 2015 | By Francisco López | Spanish banks first quarter results have been very good in terms of earnings, but a closer look at their recurrent business is not so positive. The seven banks listed on the Ibex 35 index earned € 1,677 million in the first three months of the year, up 32% from a year earlier.
MADRID | The Corner | The Spanish Confederation of Small- and Medium-Sized Companies (CEPYME) points to a “nascent trend” towards a normalization of credit markets, which will permeate down to the real economy over the course of next year.