The banking sector presents regulatory simplification proposals in Frankfurt to boost EU growth
The Spanish Banking Association (AEB) and CECA today held a meeting in Frankfurt, ‘Strengths of the Spanish Banking Sector in times of global transition’, presenting proposals for regulatory simplification of the banking sector aimed at strengthening economic growth and the competitiveness of the European Union.
AEB banks’ lending reaches an all-time high in 2022
Banks of the Spanish Banking Association (AEB) maintain loans amounting to 1.7 trillion, representing a 7.1% increase compared to the previous year and an all-time high. The growth of the credit balance in Spain was 5.5%. All this occurred in an environment marked by geopolitical events that contributed to an intense rise in inflation and the return to normalcy of central bank monetary policy.
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.
The attributed profit of Spanish banks in the first half amounted to 5,874 million euros
The attributed profit of Spanish banking groups at the end of the first half of fiscal year 2016 amounted to 5,874 million euros, 27.2% lower than that achieved in the same period of the previous fiscal year.
The attributable profit of Spanish banks in the first quarter amounted to €2,958 million.
The attributable profit of Spanish banking groups, as of 31 March 2016, amounted to €2,958 million, €693 million (19%) lower than that recorded in the first quarter of the previous year.
Spanish banks obtained an attributable profit of €10,389 million in 2015
The attributable profit of Spanish banking groups, as of December 31, 2015, amounted in aggregate terms to €10,389 million, representing an increase of 5.6% compared to the previous year.
The attributed profit of Spanish banks amounted to 8,072 million in the first half of 2015
Operating expenses over average total assets improved by 6 basis points, reaching levels very close to those existing before the crisis
Spanish banks achieved an attributed profit of 6,363 million in the first half of the year
The intensity in the creation of provisions and allowances remains steady, representing 1.05% of ATA compared to 1.02% in June 2013. Eligible capital shows a capital ratio (Common Equity Tier 1) of 11.21%, calculated since the beginning of 2014 under Basel III criteria.
The Spanish economy will grow in 2014 at a rate close to 1.5% and could exceed 2% in 2015.
The Spanish banking system, which has made significant progress in its restructuring and deleveraging, is in good condition to face the Asset Quality Review (AQR) and the ECB’s stress tests. The sector continues to face significant challenges such as the moderate growth in credit demand, high non-performing loans, capital requirements, and the compression of margins […]
Economic and Financial Report. December 2013
This improvement is underpinned by the correction of some previously accumulated imbalances, the structural reforms implemented, gains in competitiveness, and the easing of tensions in financial markets in the Eurozone. To consolidate and strengthen growth potential, the AEB considers it essential to extend the institutional and structural reforms aimed at optimising the allocation of resources […]