6 Mar, 2014 @ 11:08
1 min read

Bankia ups its lending to small businesses

bankia e

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.

Imogen Calderwood

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Story

Expats lose battle to save Costa de la Luz homes from demolition

Next Story

Don’t get complacent about growth, warns PM Rajoy

Latest from Business & Finance

Go toTop

More From The Olive Press