Articles
Digitalisation of Spanish companies: An EU comparison
In contrast to the Spanish economy’s relatively low productivity levels, overall, Spanish companies are relatively highly digitalised. However, a high percentage of Spanish companies use digital technology to control worker performance (relative to alternative uses in companies in more productive countries) and have relatively low…
Spain’s trade competitiveness relative to the eurozone
Autores:
Xifré, Ramon
Spanish exports registered nominal growth of 40% between 2012 and 2021, the highest rate among the euro area’s five largest economies. While the Spanish economy is capable of improving its internal cost competitiveness and transforming those gains into export growth, Spain’s export intensity remains below…
Importance and characteristics of the bancassurance business in Spain
Autores:
Manzano, Daniel
The weight of bancassurance in Spain´s insurance business and its contribution to parent banks’ domestic earnings are very significant. As a result, as evidenced by the recent COVID-19 crisis, as well as in normal times, the relatively substantial contribution of the bancassurance business lends earnings…
Corporate finance: Banks versus capital markets
Tension in the corporate bond market since the start of the inflationary spiral towards the end of last year has driven a sharp increase in secondary market rates, as well as a sharp contraction in primary market issuance, forcing many corporates back to the bank…
Monetary policy 2023 and interest rate increases: Outlook and impact
The monetary policy roadmap for 2023 will continue to prioritize the fight against inflation, with successive official rate increases at least for much of the year, although accompanied by a slower increase in EURIBOR. Within this context, the banks will continue to play a key…