Banking Is Part of the Solution

The last weekend of March saw the Spanish Government make the isolation measures in the country more restrictive, bringing a halt to all non-essential activity in the fight against the COVID-19 pandemic. Activities considered essential include those carried out by financial services companies, including banks.

Key points

• Key points:
• Against a backdrop where the majority of economic activity is paralyzed, banking services are growing in importance.
• Banks were not at the root of this crisis, but are part of the solution, and the recovery will be faster if they remain able to finance the economy.

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