Net interest income in the context of COVID-19
Fecha: noviembre 2020
Ángel Berges, María Rodríguez and Fernando Rojas
SEFO, Spanish and International Economic & Financial Outlook, V. 9 N.º 6 (november 2020)
COVID-19 has contributed to both a significant uptick in business lending and a slowdown in household lending. While the overall stock of credit issued has increased, net interest income during 1H2020 contracted thanks to the negative contribution of average loan book rates.