Together with the Observatorio de la Digitalización Bancaria, this section aims to become the main informative and analytical reference in Spain on issues related to changes in technological disruption in the banking sector and in the means of payment.
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Newsletter
El negocio de las entidades financieras no bancarias: evolución y tipología
Fecha:
February 2026
Artículo
Shadow banking and financial stability in an era of private credit
Fecha:
February 2026
The rapid expansion of non-bank financial institutions is reshaping the geography of
financial risk in Europe and globally. High leverage, liquidity mismatches, and growing
interconnections with traditional banks raise the probability that future episodes of stress
originate outside the regulated banking perimeter.
Artículo
Banca en la sombra: ¿la próxima crisis financiera?
Fecha:
January 2026
Este trabajo analiza el auge del sistema financiero no bancario y sus implicaciones para la estabilidad financiera.