In an environment still marked by the impact of the pandemic and an incipient economic recovery, Spanish banks redoubled their support for families and businesses in 2021, with a 5% increase in credit granting.
At the same time, AEB member banks have strengthened their capacity to face challenges, with a significant improvement in key indicators of solvency, profitability, non-performing loan control, and efficiency.
Thanks to their strength, the banking sector has adopted a wide range of measures to support society: it has maintained the continuity of financing lines for companies and self-employed individuals with ICO guarantees in the face of the COVID crisis, and has established payment moratoria for residents affected by the eruption of the La Palma volcano.
Furthermore, this year banking entities have expanded the Strategic Protocol to Reinforce the Social and Sustainable Commitment of Banking, signed in 2021, with new measures to promote financial inclusion, and have taken aid measures to alleviate the crisis caused by the war in Ukraine.
