The banking sector reaffirms its commitment to financial inclusion

The Spanish Banking Association (AEB), CECA and the National Union of Credit Cooperative Societies (UNACC) presented on 12 July 2022 in Madrid the “Report on Financial Inclusion in Spain”, prepared by the Valencian Institute of Economic Research (Ivie). This in-depth analysis of banking services in Spain maps access to financial services in Spain, especially in rural areas, and notes that, despite the downsizing of Spain’s bank branch network in recent years—concentrated in municipalities with more than 10,000 inhabitants—”accessibility to banking services is good, as currently 98.6% of the population lives in a municipality where there is at least one access point to banking services”.

Banks and Correos to collaborate to improve cash access in rural areas

The banking associations AEB, CECA and Unacc have signed a collaboration agreement with Correos to facilitate cash withdrawals and improve access to basic financial services in rural areas throughout the country. The agreement, signed on 20 July 2022 by the President of Correos, Juan Manuel Serrano; the President of AEB, Alejandra Kindelán; the Chief Executive of CECA, José María Méndez; and the President of UNACC, Manuel Ruiz; envisages the development of new solutions to achieve expanded coverage of banking services across Spain.

‘Let’s Talk About Your Money’: Introduction

In ‘Let’s Talk About Your Money’, young students share basic financial tips in a friendly, peer-to-peer way to help others get started in financial education and personal finance. Over five episodes, volunteers will share their knowledge of concepts such as saving and investing, to help other young people manage their money and make informed financial decisions.

Spokesperson’s Interview on RNE

José Luis Martínez reviews the banking sector’s situation and outlook in “Las mañanas” on the tenth anniversary of the international financial crisis.

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