Artículo de revista ; The latest results of the Bank Lending Survey are very much marked by the impact that the COVID 19 pandemic has had on economic activity and, in consequence, on the credit market. Thus, during 2020 Q2, the credit supply to enterprises eased in Spain, highly influenced by...

Artículo de revista ; This article reviews how Spanish deposit-taking institutions’ net interest income has evolved in recent years and explores the main underlying factors, which include the low levels of interest rates. For this purpose, three alternative breakdowns of net interest income...

Artículo de revista ; The results of the Bank Lending Survey show that during 2017 Q4 credit standards for new loans in Spain eased slightly in loans to households and were stable in loans to enterprises. The pattern was similar in the euro area, except in the case of consumer credit and other...

Artículo de revista ; The results of the Bank Lending Survey show that during 2018 Q1 credit standards for new loans in Spain eased slightly in loans to households, remaining unchanged in loans to enterprises, while credit supply in the euro area grew across the board, although unevenly by...

Artículo de revista ; The results of the Bank Lending Survey show that during 2018 Q2 credit standards for new loans eased slightly in all segments, both in Spain and in the euro area. Household demand for credit grew in both areas, while that from enterprises did so only in the euro area,...

Artículo de revista ; In 2018 Q3, according to the Bank Lending Survey, credit standards for loans to enterprises eased somewhat, both in Spain and in the euro area, while the terms and conditions applied to such loans also eased. As for lending to households, Spanish banks reported an easing...

Artículo de revista ; Since June 2014 the European Central Bank (ECB) has placed its deposit facility interest rate (DFR) at negative levels. Against this background, the question arises as to whether maintaining negative interest rates over a prolonged period can adversely affect credit...

Artículo de revista ; The results of the Bank Lending Survey show somewhat less expansionary behaviour of loan supply and demand in 2019 Q1, both in Spain and in the euro area. Thus credit standards for approving loans tightened in both areas in the two segments of lending to households and did...

Artículo de revista ; This article assesses the impact of the targeted longer-term refinancing operations (TLTROs) of the European Central Bank (ECB) on the credit supply of the euro area banks. An empirical approach is used that permits distinction between the direct and indirect effects of...

Artículo de revista ; The results of the Bank Lending Survey show that during 2017 Q2 credit standards for new loans in Spain held stable in all segments, while in the euro area they eased slightly both in loans to enterprises and in loans to households for house purchase, holding virtually...