In January household and company deposits fell by EUR12bn, as expected
Published on Thursday, February 26, 2015 | Updated on Thursday, February 26, 2015
In January household and company deposits fell by EUR12bn, as expected
Summary
In January 2015, household and corporate deposits shrank by nearly EUR12bn. 70% of this reduction is accounted for by seasonal effects. Thus, once seasonally adjusted, deposits corrected by nearly -EUR4bn.
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- Spain
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- Banks
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Authors
Ana Rubio
BBVA Regulation - Head of Financial Regulation
Olga Gouveia
BBVA Research - Lead Economist
Jose Felix Izquierdo
BBVA Research - Principal Economist
Carlos Pardo
Macarena Ruesta
Jaime Zurita
BBVA Research - Principal Economist