Business and Real Estate

Archive for the ‘Corporate Credit’ Category

Businesses and families do not stop to ask for funding, and as that demand grows, the bank has it one thing clear: this need is not going to make the tap.

According to the Bank of Spain “Spanish banks provide a tightening in the supply of loans to the private sector, especially business and operations in the long term.” Proof of this is the increased cost of borrowing over a million euros, falling more than 2% of lending in June.

The reasons: the banks and live a great deterioration due to the difficulty which in turn are to access wholesale funding. Not to mention that the interbank trade is stagnating.

In the next quarter, is expected to increase pace of loan requests from companies and families (especially mortgages) drops the use of consumer credit. Families fearful of unemployment and inflation will save, and the slowdown in consumption cannot be anything good …