More optimism in the granting of loans and mortgages to families and stable situation for companies. This is the result of the Banking Loans Survey conducted by the Bank of Spain during the fourth quarter of 2017. The report concludes that "the criteria for approving loans in Spain relaxed somewhat in the financing segments to households, remaining stable in the society. " Companies are increasingly turning to wholesale markets for bonus to obtain financing in better conditions than those of banks.
The Bank of Spain, which attributes the greater ease of access to mortgage loans to "greater competition" among entities, to better economic prospects, particularly on the real estate market, as well as to the greater solvency of clients and, to a lesser extent, As a result, the greater confidence of consumers, the decrease in the general level of interest rates and the rise of debt restructuring operations. It also emphasizes that the percentage of rejected mortgages fell again in this period, although at a somewhat lower rate than in the previous three months.
In the Economic and Monetary Union (EMU) "they had a similar evolution, except in the case of loans intended for families for consumption and other purposes, in which they barely varied.The demand for credit of households increased moderately in both areas , while that of the companies grew in the eurozone and remained unchanged in Spain, "recalls the supervisor.