The banking sector plays a crucial role in helping Europe achieve its goals of economic growth, innovation, and competitiveness, but appropriate measures must be taken to enable it to fully harness its financing capacity.
This is according to a report by the Spanish Banking Association (AEB), CECA, and the National Union of Credit Cooperatives (Unacc), prepared in collaboration with EY, which estimates that, through regulatory and supervisory simplification and greater integration of financial markets, the sector could increase its lending capacity by more than 2 trillion euros, of which 250,000 million would correspond to Spain.
