Spanish banking profitability soars to 17.33% in the first quarter due to extraordinary gains
Spanish banking profitability rose to 17.33% in Q1 2026, driven by extraordinary gains such as Santander's sale in Poland.
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UCLM and the Bank of Spain launch a pilot financial education programme in Albacete for 500-700 students starting in the 2026-2027 academic year.
Spanish banking profitability rose to 17.33% in Q1 2026, driven by extraordinary gains such as Santander's sale in Poland.
Spanish banks achieve a CET1 of 14.26% and delinquency drops to 2.61%, a historic low. Real profitability stands at 14.78%.
The Bank of Spain is finalising a proposal to ease mortgage restrictions for young people and low incomes to improve access to housing.
Median liquidity per account in companies drops 33% in H1 2026, to €14,732, due to rising rates and tighter credit.
Spain must execute €23 billion from Next Generation funds by August 2026, while Cohesion Funds are stalled and public debt exceeds 101% of GDP.
State debt has increased by 53% since 2018, reaching 1.751 trillion euros. Each Spaniard owes 11,144 euros more, while wealth only rises by 1,620 euros.
The Bank of Spain estimates losses from bank fraud at 500 million in a year. Kaspersky reveals the average loss is 577 euros and 68.8% of victims do not report.
The Bank of Spain warns that the housing crisis is due to lack of supply, not tourism, and criticises government measures.
The Bank of Spain clarifies that the surviving holder of a joint account cannot access the money without consent from all heirs.
New rental homes enter the market at prices 16.6% higher, according to the Bank of Spain, accelerating the rental crisis.