banks
Business
Billions at stake after ECJ advocate says Spain's mortgage pricing could be abusive
European Court of Justice opens door to compensation after deciding banks may have misled customers over loans tied to fixed index
Business
Caixabank's profits go up 17% in 2018 to €1.98 bn
Business
Spain waged 'economic war' against Catalonia, claims report
Spain's waged 'economic war' against Catalonia, claims report
Business
CaixaBank investigated for laundering Chinese mafia money
Business
Mortgages in Catalonia grow 51.1% in a year
The annual rate of mortgage borrowing increased substantially in the last 12 months, thanks to increasing confidence in the economy. The average amount borrowed for a mortgage in Catalonia in June was €134,509, according to figures published by the National Institute of Statistics of Spain. This figure is higher than the average Spanish mortgage, which stands at €112,516. In total, the amount borrowed in Catalonia for mortgages in June was €559.7 million, a 72.7% increase in comparison to June 2015 and a 10.8% increase in comparison to May 2016. Up to 4,161 mortgages were sold in Catalonia in the first month of summer.
Business
Spanish banks suggest they might leave Catalonia if it becomes independent
Business
BBVA proposes closing 400 Catalunya Banc branches and reducing staff by 2,000
Business
Catalan banking group Sabadell has already bought 81.23% shares of British TSB bank
Business
BBVA to close 285 branches and lay off 1,700 staff in Catalonia, after Catalunya Banc acquisition
Business
Number of mortgages increases 32% in Catalonia in February, accumulating 10 consecutive months of growth
Business