There is no crisis, the banking gains more 10 %
The Spanish Association of Banking (AEB) has spoken. The banking has gained 10 % more than last year, so everything is fine … for them. In fact there is no crisis, what exists is a “strong, intense and deep deceleration”. According to this vocabulary, a crisis then would be: “a sudden braking overland strong, intense and deep”?
The slowness has raised from 0,91 % a 1,20 % in one year and nevertheless it keeps on being in historical minimums. And less credits grant to themselves that one year ago and nevertheless the banking gains more 10 %.
What yes is true is that we have a stable and sure financial system because it is supposed that till now they have done the things well. Is not it going to be fine to the banks in this country, if the Spanish we have healthy habit of having our house in property and of mortgaging us for the whole life to obtain it? We are champions of Europe in number of owners: almost 82 % of the Spanish has a housing in property. In Holland, less than 50 % of his inhabitants has house in property. We go, the banks have to be strong like oaks here in Spain.
To see how much lasts.