Artículos
Page 131 of 1351
Tightening bank financing terms and conditions: Current situation and implications
7 junio 2023
Increasing interest rates across the eurozone are restricting access to bank loans, while at the same time leaving households and businesses with outstanding credit in a more vulnerable position. Fortunately, in the case of Spain, both businesses and households are in a stronger position to face these challenges given the significant private sector deleveraging effort that has taken place in the wake of the previous financial crisis.
Autores: Maudos, Joaquín
Etiquetas: Financing conditions
Household and non-financial corporate accounts for 2022
Statistical revisions have confirmed initial assumptions over the impact of the pandemic on household and corporate accounts. In the case of households, their favourable performance in light of the pandemic was even better than originally anticipated, while in the case of corporates, not only did they bear the brunt of pandemic economic fallout, but their performance was indeed worse than anticipated.
Autores: Fernández, María Jesús
Etiquetas: Non-Financial Accounts
“PERTEs”: Level of execution and role in mobilising Next Generation EU funds
Under Next Generation EU (NGEU), the Strategic Projects for Economic Recovery and Transformation (PERTEs, in their Spanish acronym) were created to channel over
40 million euros in funds into areas identified as priorities for the modernisation and competitiveness of the national economy. However, numerous challenges have resulted
in PERTE execution by the end of 2022 of around only 5.6 billion euros and going forward, it will be important to assess both ex-ante and post grant award initiatives to ensure maximizing the funds’ potential.
Autores: Domínguez, Ana María, Gomariz, Mariola
Etiquetas: EU funds
Cost of deposits and Euribor: Why this time is different
Deposit beta pass-through appears to be slower this time around relative to previous episodes of monetary tightening. While understanding the rate of pass-through requires a holistic examination of banks’ pricing strategies, ultimately competitive pressures will culminate in driving up deposit beta over time.
Autores: Alberni, Marta, Berges, Ángel, Rodríguez, María
Etiquetas: Deposit beta
Episodes of financial instability: “Separating the wheat from the chaff”
The recent bouts of financial instability in the US and Europe (Credit Suisse) have raised concerns over the implications of monetary tightening underway. Although the European banking sector, including the Spanish banks, is proving generally more resilient than its
US counterparts, the instability has had a pronounced adverse impact on most financial intermediaries and heightened concerns regarding potential spillovers from the shadow
banking system.
Autores: Carbó Valverde, Santiago, Rodríguez Fernández, Francisco
Etiquetas: Financial instabiblity
Page 131 of 1351