credit to Spanish SMEs

Spanish SMEs provide jobs for 71% of social security contributors

Spanish SMEs still need clients but their access to funding has improved

J. L. M. Campuzano (Spanish Banking Association) |What is the main concern for Spain’s SMEs? The lack of clients. This is what they have revealed in the latest survey published by the ECB, covering the period from October 2016 to March 2017. And what about financing? It was once again the least of its worries, something which has been the case since the start of the year.

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Credit lending in Spain: the decrease that doesn’t cease

MADRID | By Julia Pastor | Spanish entities credit portfolio amounted €746 bn at the beginning of the year, a 5.99% fall against same month last year, while holding deposits at €687 bn, which meant a yearly growth of 0.53%. March figures suggested a new reduction of credit lending to SMEs and families. As long as banks do not have their balances adjusted by 2015 after the ECB’s stress tests, credit and deposits will not tip towards loans.