Its net banking product GNP increased by 4ON intends to make its beachhead in FranceThere are hypotheses that have not been studiedIf the number of clients Free ADSL from 1The community of Grand Lyon has available land is an excellent alternative for those who taken hardly the meatThis represents 1 of their market capitalization compared to 1We would be the losers for resurgence of protectionismHowever the former sectors are more conducive4 billion for Caisses d'Epargne Crédit Mutuel 7Abandoned field by its banks and forced to deposit the balance of its small business hit head-on by the real estate crisis, CGA, overwhelmed of debts, was the major means. Hooded and sunglasses on the eyes to avoid being recognized, this entrepreneur of Lleida began to rob the bank branches of Catalonia and Aragon. Prior to be caught by the police, a few days ago, he had four attacks in its assets in three months. If all the leaders of Spanish SMEs does not yet came to these ends, the grumbling climbs seriously. According to a survey conducted in January to over a million companies, 80 of them have experienced difficulties to find funding and 17 have been categorically refuse or unacceptable conditions. "It reduced credit firms, that they go well or not," denounced Javier Gomez Navarro, President of the Chambers of commerce, the origin of the survey.
In the spotlight, the banks argue their good faith. Banco Santander is respond positively to 75 of credit applications. In BBVA, the rate of acceptance, down by 5 points, is 72. "Our mission is to contribute to the growth in granting credits", say officials of the number two Spanish. In their defence, all the major sector highlight the progress of their credit activities, in 2008, the image of Santander ( 9.9), La Caixa ( 9), Caja Madrid ( 9.7), BBVA ( 7.1) and Bankinter ( 6). But the Bank of Spain indicates that the volume of appropriations certainly increased an average of 6.2 last year from 2007 but, at the same time, that of new loans decreased by 6. "Because of the crisis, the demand is less strong", are concerned. With the rate of unpaid was also almost multiplied by four in twelve months to 3.38, one above twelve years.
The anxious Government
These elements satisfy little difficulty involving the Government, which last year created a Fund of approximately EUR 30 billion to buy financial assets in banks and savings banks. With the idea that they use these liquidity injected back into the market. But then the calls for tender are in full, the tap of the credit remains closed, according to SMEs. To the extent that the Minister of industry, Miguel Sebastián, is mounted niche in early February to prevent that "the patience of the Government against the banks has reached its limits".
Since then, the tension is settled. José Luis Rodriguez Zapatero met with officials of the main Spanish financial groups. Also receiving support of Pedro Solbes, the Minister of economy and finance, for which he is also "bad to refuse a loan to someone of solvent than to grant it to another who is not." And, before the persistence of the suspicion, each is of its action for SMEs, with the opening of credit lines dedicated. As in Banco Sabadell (EUR 7 billion), BBVA (5.5 billion), Santander (4 billion) or Caja Madrid (3.5 billion). But SMEs have lost confidence and ask the ICO, the equivalent of the French DCC, to take over from the banks.
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