Removing Barriers to Capital Movements Drives Growth, According to the Federico Prades Award Winner
The Federico Prades Award for Young Economists, granted by the AEB Foundation and the Spanish Banking Association, has been awarded in its fourth edition to Bruno Pellegrino for his study ‘Barriers to Capital Movements’.
AEB statement on the United Kingdom’s decision to leave the European Union
Spanish banks are well-prepared to face any market situation that may arise from the United Kingdom’s decision to leave the European Union.
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 […]
The tax on deposits in Catalonia penalizes savings by businesses and households
Regarding the establishment by the Government of the Autonomous Community of Catalonia of a tax on deposits by households and businesses in credit institutions, the AEB, as it has already stated on previous occasions concerning similar regional taxes, considers: The tax represents a penalty on the most traditional and accessible form in which citizens materialize […]
AEB estimates that the correction of basic imbalances and adjustment measures pave the way for the recovery of the Spanish economy
In its June Economic and Financial Report, AEB considers that progress in correcting basic imbalances, the implementation of a broad range of adjustment measures and others to stimulate activity, together with the design of the Banking Union and the European Union’s greater flexibility for meeting budgetary targets, pave the way for a recovery of the […]
Strong results in a more challenging environment
In the first quarter of 2008, Spanish banking groups recorded attributable profit of €5,153 million, equivalent to growth of 10% compared with the same period of the previous year.