{"id":36589,"date":"2014-01-19T00:00:00","date_gmt":"2014-01-18T23:00:00","guid":{"rendered":"https:\/\/aebanca.es\/actualidad\/te-interesa\/aeb-informa\/the-effort-and-commitment-of-spanish-banks\/"},"modified":"2026-04-09T09:50:52","modified_gmt":"2026-04-09T07:50:52","slug":"the-effort-and-commitment-of-spanish-banks","status":"publish","type":"blog-aeb","link":"https:\/\/aebanca.es\/en\/actualidad\/te-interesa\/aeb-informa\/the-effort-and-commitment-of-spanish-banks\/","title":{"rendered":"The effort and commitment of Spanish banks"},"content":{"rendered":"<p>The very challenging year 2012, which was decisive for Spain, is now behind us, as very important economic reforms were adopted and a major adjustment of our financial system was undertaken through a thorough exercise of transparency, strengthening, and recapitalization.<\/p>\n<p>By the end of that same year, the European Council agreed to provide the eurozone with a single banking supervision mechanism,<br \/>\nentrusting the European Central Bank (ECB) with the prudential supervision of credit institutions, which constitutes the first step of a European financial integration plan known as the Banking Union.<\/p>\n<h6><a href=\"https:\/\/aebanca.es\/wp-content\/uploads\/2017\/12\/08-201400224.pdf\">Read the article by Pedro Pablo Villasante, Secretary General of the AEB, published in El Pa\u00eds.<\/a><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>The year 2013, which has just concluded, was difficult in the economic and financial sphere, but as the months passed, it began to take shape as a bridge year towards recovery, which is expected, albeit slowly, in 2014.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","etiquetas":[330,294,372,310],"categorias-blog":[780,781],"class_list":["post-36589","blog-aeb","type-blog-aeb","status-publish","hentry","etiquetas-aeb","etiquetas-banca-espanola","etiquetas-bancos","etiquetas-crisis","categorias-blog-articles","categorias-blog-newsarticles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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