credits

The big bank dodges a first impact by ICO credits and reduces default

The big bank dodges a first impact by ICO credits and reduces default

Spanish banking has dodged a first impact of the credits guaranteed by the ICO. Entities and supervisors were monitoring a possible rebound in defaults in the second quarter, since between April and June the relief measures (moratoriums and shortcomings in the payment of the credit principal) expired for a large part of the companies that …

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Eurozone banks tighten their credits due to economic "uncertainty" and changes in monetary policy

Eurozone banks tighten their credits due to economic “uncertainty” and changes in monetary policy

Eurozone banks have tightened their credit standards in the second quarter of 2022 for businesses and households as a consequence of “high uncertainty” and a more restrictive monetary policy to curb inflation. This is the main conclusion drawn from the survey on bank loans published this Tuesday by the European Central Bank (ECB), which was …

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