Banks reaffirm their commitment to ensuring liquidity and credit for companies and the self-employed in the face of the COVID-19 crisis
Spanish banks welcome the implementation of the first 20,000 million in state-guaranteed financing from a total line of 100,000 million, which reflects the banks’ commitment to ensuring the liquidity and credit necessary for companies and the self-employed to overcome the difficulties arising from the health crisis caused by COVID-19.
Banks defer rent payments for families living in Social Housing Fund (FSV) homes
This fund was created in 2013 and comprises over 10,000 homes across Spain, owned by credit institutions. This new measure by the banking sector to mitigate the effects of the coronavirus crisis on the most vulnerable groups in society adds to the mortgage payment moratorium that the Government announced last week and which banks have already begun to implement.
The AEB expresses its gratitude to customers, employees, and banks for their commitment to the fight against the coronavirus.
As the first week since the State of Alarm was declared in our country on March 14 draws to a close, the Spanish Banking Association (AEB) expresses its deepest appreciation to all professionals in the sector who, through their effort and personal commitment, are making it possible for all customers to have daily access to the services required to meet their financial needs.