The AEB joins the European alliance to drive a sustainable recovery following the pandemic
The chairman of the Spanish Banking Association (AEB), José María Roldán, has signed the European manifesto published by the Green Recovery Alliance, which affirms the priority of fighting the coronavirus and establishes a commitment to drive the necessary investments to enable a sustainable economic recovery once the pandemic is over.
AEB banks defer loan payments for 111,242 clients, totaling 6,615 million euros in capital.
As of May 15, Spanish banks have deferred loan payments for 111,242 clients, holding operations for an outstanding capital amount of 6,615 million euros, since they voluntarily agreed last April to implement a sectoral moratorium to help individuals economically affected by the coronavirus crisis.
The banking sector consolidates its support initiatives for families, self-employed workers, and businesses facing COVID-19 on a single website
The Spanish banking sector has launched a new website that compiles all the initiatives developed by the sector in the fight against the coronavirus. It provides a public service of value to families, self-employed workers, and businesses, as well as to employees of financial institutions.
Banks offer deferrals for customers affected by the coronavirus crisis
The credit institutions integrated into AEB and CECA are voluntarily joining forces to implement a new measure to assist customers financially affected by the coronavirus crisis. This involves a deferral of up to twelve months on capital repayment for individuals financially impacted by the COVID-19 situation who have a mortgage on their primary residence and request it. Additionally, the principal payment on personal consumer loans is deferred for a period of up to six months. This means that customers will only pay the corresponding interest on these loans, which will significantly reduce the amount they have been paying until now.