Posts Tagged ‘appropriations’
Growing Business Credits
At least so official figures and statistics. If we stick to these data, the loans granted to firms by banks and savings increased 14 percent, according to the Bank of Spain.
Spanish banks grant 58.351 million euros to companies, 13.97 percent more than in April, when the credit granted amounted to 51.195 million euros. In addition, if we compare these figures with last year, the increase is 3.6 percent.
When applying for loans, enterprises are choosing banks; loans are below or above one million euros. Thus, 10.928 million were for loans of up to one million euros, while the remaining 25.586 million allocated to appropriations in excess of one million euros. In short, these entities awarded to Spanish companies 36.514 million euros, compared with 21.837 million boxes.
Regarding the latter, awarded last May to 5.192 million euros in loans of up to one million euros, while for loans above this figure the number amounted to 16.645 million euros.