Spanish Banks Care for Their Customers According to Banking Association

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José María Roldán President of AEB Credit: Twitter

THE Spanish Banking Association (AEB) believes that the Government should not impose a moratorium on the payment of interest by business affected by the coronavirus, as Italy has done.

There is a code of good conduct which Spanish banks follow and many are restructuring debts with mortgage guarantees on housing and they are looking at other sectors that are suffering.

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It says that the financial institutions are demonstrating their support for the self-employed and small businesses by introducing new credit lines worth hundreds of millions of euros.




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