Consolidation Of Spanish Client Loans To Continue
Banking & Financial Services / Spain / Fri 09 Feb, 2024
Key View
- The outlook for Spanish lending remains weak, albeit better than in 2023 as household borrowing will recover modestly.
- Nonetheless, enduring weakness in both the household and corporate sectors will mean that lending will continue to contract in 2024.
- The Spanish banking sector will likely remain profitable, well capitalised and