BANKIA is to increase its lending to small businesses in a bid to improve its profitability.
The bailed out bank, which last month announced a return to profit, is seeking to diversify its loan portfolio and reduce its reliance on mortgages.
The move is good news for Spain’s struggling small businesses which have been hit by reduced access to credit since the onset of the financial crisis.
![The Bell With Benny Light[34894]](https://www.theolivepress.es/wp-content/uploads/2021/10/The-Bell-with-Benny-light34894-324x160.jpg "OLD HACK IN THE SUN: The bell ringing is the sound of happiness and good cheer")
