conducive to sustainable economic growth. Over the last decade, Spain has seen improvements in inflation, output, employment …

determinants of bank profitability. Profitability remains higher for Spanish banks than for European peers, especially supported by …-to-asset ratios. Panel regression analysis suggests that Spanish banks' profitability is influenced by a combination of structural and … recommends further steps to reduce NPLs and legacy assets, continued cost-cutting measures to enhance the profitability of …

The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting … (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars …

variation among bank categories …