Inflation is one of the most dangerous phenomena for an economy. Entering an inflationary spiral is a risk that everyone wants to avoid, since it has a very difficult solution, and usually leads to periods of crisis or recession due to the measures that monetary politicians and governments are forced to implement to reintroduce waist […]
Tag: banks
The Bank of Spain will require banks to provide an additional capital buffer of 7.5 billion against future crises
Although there are still no clouds on the horizon that would allow us to suspect any type of new economic or financial stormthe Bank of Spain has decided to anticipate and has announced that it will require financial entities to, starting in the fourth quarter of 2024, begin providing a new 1% capital buffer (about […]
Spanish banks, strong enough to rise more than 10% on the stock market
Faced with a hostile takeover of Banco Sabadell with an uncertain future, the star sector of the Spanish stock market can gain more momentum: BBVA, CaixaBank and Santander can still rise at a double-digit rate. BBVA's takeover bid for Banco Sabadell, which values the latter entity at 12.2 billion euros, opens a battle that could […]
Central banks peripheral to the euro lower interest rates and point the way to the ECB
The Riksbank (Sweden's central bank) this Wednesday cut the reference interest rates in its economy, from 4% to 3.75%, for the first time in eight years, acting before the European Central Bank (ECB) in a attempt to offer a respite to families and companies in the Nordic country that are being hit by the recession. […]
Central banks have more and more power
The birth of the current and faltering post-Covid business cycle required $12 trillion in fiscal stimuli, released by governments in the form of aid to households and guarantees to companies. Another 7.5 trillion were forged as protective shields – for liquidity and debt containment – by the central banks to guarantee the circulation of money […]
Central banks have more and more power
The birth of the current and faltering post-Covid business cycle required $12 trillion in fiscal stimuli, released by governments in the form of aid to households and guarantees to companies. Another 7.5 trillion were forged as protective shields – for liquidity and debt containment – by the central banks to guarantee the circulation of money […]
Best deposits of Spanish banks 2024
However, the rise in inflation after the pandemic has prompted central banks to change monetary policy. In Europe, the general rate already exceeds 4.5% and this has caused deposits to once again offer positive returns, attracting Spanish clients. Spanish deposits, the least profitable in Europe Although some entities, a few, have begun to market and […]
Real estate credit, rates, savings… Behind the scenes of negotiations between banks and customers
At the end of her mandate, Corinne Dromer takes stock of her seven years at the head of the CCSF, where she led debates between representatives of banks, insurers and consumer associations, among others. Corinne Dromer President of the Financial Sector Advisory Committee (CCSF) Corinne Dromer has been President of the CCSF since January 2017. […]