Banco de España urges banks to maintain prudent credit standardsExecutive summary: Banco de España governor José Luis Escrivá called on Spanish banks to continue applying rigorous criteria when granting credit, emphasizing sector solidity. The appeal aims to preserve financial stability and prevent excessive credit growth that could jeopardise the banking system. José Luis Escrivá (Governor of Banco de España) and the Spanish banking sector. Continued monitoring of credit expansion with possible further supervisory guidance if risk signs emerge.Governor José Luis Escrivá of the Bank of Spain highlighted the sector's solid capitalisation and efficiency, while reminding banks to keep credit assessment criteria strict to mitigate emerging risks. The statement underscores ongoing vigilance despite overall financial stability.Connected developmentsFed postpones rate changesRussian central bank cuts rates after Putin pressureOpen the full case file on Beyond →
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