“Beyond solvency” – 8th National Credit Congress

November 16, 2016
Spanish banks have embarked on a profound transformation process following the crisis, partly driven by adaptation to the new regulatory environment, but also by new trends in governance, management and social responsibility.

It is no longer only about having solvent, sound and profitable banks, but also about achieving better-governed institutions that are transparent with shareholders and responsible towards citizens and the environment in which they operate.

Following the crisis, they have made far-reaching changes in:

  • Management
  • Governance
  • Product marketing
  • Strengthening their solvency, liquidity and leverage
  • Crisis prevention and resolution

Surveys show that banks are no longer a problem for Spaniards, but the sector must continue to make a significant communication effort, as well as face a complex scenario.

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