The banking sector adapts to the new law supporting people with disabilities
Spanish legislation has been adapted, through Law 8/2021, to the International Convention on the Rights of Persons with Disabilities. Previously, decisions for these individuals were made by others, but now their will and preferences are respected and, as a general rule, they will make their own decisions. In this context, the collaboration of banks is key to ensuring that access to financial services for people with disabilities guarantees their financial autonomy. Our expert, María Peco, explains it here.
Did you know that women’s presence is growing in banking leadership positions?
In this video, our expert Ricardo Sanz-Ramos provides an overview of the banking sector in Spain, with up-to-date data on its branch network and results, driven by lending to households and businesses to make their projects a reality.
Did you know that Spanish banks provide credit to families and businesses in various countries around the world?
These days, Spanish banks are presenting their results, which reflects their role in the economy and their global reach, by facilitating credit to families and businesses to make their projects a reality in the multiple countries where they are present. Our advisor Pedro Cadarso explains in this video how banking results are obtained and why they are good news for society as a whole. He also explains why their role is now key in Europe in the face of the challenges it faces and the objectives it has.
The vishing scam
Our Cybersecurity expert Pilar Clavería helps us spot vishing so you do not fall for this scam. If you receive an unexpected call and they urgently ask you for your bank credentials, watch out! Here is her advice to avoid being scammed.
Understand the measures of the new mortgage code of good practice
In 2012, banks approved a series of measures to protect vulnerable families struggling to pay their mortgages. In late 2023, through dialogue with the Government, this mortgage code of good practice was reinforced. Additionally, a new 24-month code was introduced for families experiencing temporary liquidity issues due to the rapid increase in official interest rates set by the ECB to combat inflation. Our spokesperson, José Luis Martínez, explains in this video the relief measures contained in the new code for families whose annual income is below 37,800 euros.
Bank results: how they are generated and where they go
Our Public Policy adviser Pedro Cadarso explains how banks generate their results through their core activity of granting loans to households and businesses so they can bring their projects to life, and what they are used for.
Fintech, Bigtech, and banks: the new competitive environment. Live interview with Lorena Mullor
“There are increasing calls to address the systemic importance of Bigtech and prevent the abuse of their dominant position in digital markets with measures that go beyond financial regulation.” This is stated by our expert in this live interview on the new competitive environment for fintech, bigtech, and banks.
Dividend Distribution in the Banking Sector. Live Interview with Pedro Cadarso
“Dividends are an essential element in the functioning of the economy and business creation. They are a source of income for shareholders, who in many cases are small investors.” This is what our expert states in this live interview, in which he addresses the role that banks have played since the start of the pandemic in supporting families and businesses and the role they can play in driving economic recovery.
Learn about the banking sector’s measures in response to COVID
Since this health crisis caused by the coronavirus broke out, the banking sector has remained on the front line of customer service, ensuring the provision of financial services and products at all times, in order to mitigate the negative effects of the pandemic on households and businesses and to lay the foundations for the future recovery. The rebuilding of the economy will involve launching transformation processes across all sectors, in which banks are ready to play a very important role in channelling European funds.
Regulatory measures in response to coronavirus
The health crisis caused by coronavirus is unprecedented, and the response from banks and authorities to address it has also been exceptional. However, the idea that bank regulation has been relaxed is mistaken and may cause confusion. Here we clarify what the authorities have and have not done to help banks support families and businesses, with measures such as the deferral of mortgage or personal loan payments or state-guaranteed financing.