The AEB supports the Government’s economic measures in response to the coronavirus crisis

March 17, 2020
press-release-5-nov

The Spanish Banking Association (AEB) supports the economic measures announced today by the Government in response to the coronavirus crisis to prevent a drop in production and sustain employment, and expresses its full readiness to facilitate rapid implementation to mitigate the effects of the crisis on families and businesses.

Spanish banks are fully committed to helping their customers, providing them with security and confidence, and thus driving a rapid economic recovery.

Banks support the deferral of mortgage loan payments for individuals particularly affected by this crisis.

“We agree that no one should be left behind due to a liquidity problem. We will help the Government and society overcome this situation,” said AEB President, José María Roldán. “We will collaborate tirelessly and to the best of our ability to curb the impact of this health crisis.”

In this regard, it is worth noting that Spanish banks have already made more than 60 billion euros available to SMEs and freelancers to provide the necessary liquidity to ensure the continuity of their activity.

From the AEB, we want to express our gratitude and support to all banking employees who, from their positions, are working to alleviate the effects of the health crisis.

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This content has been automatically translated and may contain inaccuracies.