Articles
Opening up of the Spanish economy: Recent performance and pending reforms
Autores:
Xifré, Ramon
The international expansion of Spanish companies as well as the broader Spanish economy between 2000 and 2018 is generally viewed as a success.
Spanish banks: Benefits of international exposure and geographic diversification
Autores:
Maudos, Joaquín
The profitability of geographicallydiversified Spanish banking groups is 43% higher than that of their domestic business, evidencing the advantages of an international strategy.
CoCos (AT1) versus capital (CET1) at Spanish and European banks
Contingent convertible bonds (CoCos) have emerged as one of the most popular instruments for recapitalisation in the European banking sector. In Spain alone, the 22 billion euros of CoCos issued over the last five years account for around 60% of Spanish banks’ capital-raising efforts.
Momentum in bond placement by the Spanish private sector
Autores:
Amor, José Manuel, Analistas Financieros Internacionales, Afi, Jiménez, Salvador, Peña, Irene, Pino, Javier
After muted activity in 2018, this year has seen intense growth in private fixed-income issuance by Spanish issuers. Specifically, bond issuance by the Spanish private sector during the first 10 months of 2019 is 23% higher year-on-year and already above the volume issued in all…
Spain’s current slowdown: Reduced real estate and financial risks
In its World Economic Outlook report in October 2019, the IMF noted a considerable slowdown in the eurozone, with growth in Spain expected to ease to 1.8% in 2020.
