In light of the social alarm generated by mortgage evictions, the AEB wishes to state publicly:
Following various contacts with government representatives, last Thursday the 8th, the president of the AEB conveyed the following commitment to the Secretary of State for Economy and Competitiveness on behalf of the Association’s banks:
“… the commitment of AEB member entities, for humanitarian reasons and within the framework of their social responsibility policy, to suspend evictions for the next two years in cases where circumstances of extreme hardship exist.”
The content of this commitment had been the subject of intense and profound debate among member banks in order to help alleviate the situation of vulnerability faced by many people due to the economic crisis.
Prior to the meeting with the Secretary of State for Economy and Competitiveness, the president of the AEB had met with the Ombudsman. The Governor of the Bank of Spain has been fully informed.
The AEB is at the disposal of the Government, the main opposition party, and other political groups to offer its opinion on the regulation of the mortgage market, so that it can continue to satisfy the primary housing needs of citizens.
