Spain | The new credit is slowing in the first quarter of 2016
Published on Friday, April 29, 2016 | Updated on Friday, April 29, 2016
Spain | The new credit is slowing in the first quarter of 2016
Summary
The new credit flows in Spain fell in March 2016 -23.7% yoy, and the cumulative flows in the first quarter -7.2% yoy. In the first quarter the loan to companies over € 1 million (Corporate) has evolved worse than expected.
Topics
- Topic Tags
- Banks
Authors
Jose Felix Izquierdo
BBVA Research - Principal Economist