Statistics

Changes in the tables of financial corporations statistics

October

As announced in the note on the changes to the July 2017 edition, the confidential statements regularly reported to the Banco de España that are the source for the compilation of this chapter have been modified. The change is in response to the adaptation to the criteria for the compilation, terminology, definitions and formats of the FINREP  statements under European Union regulations.

This change has been reflected, as far as quarterly data are concerned, in the June 2017 data. As was the case for the April monthly data, breaks as from the June data have also been indicated in the tables. Specifically, and with regard to the tables on lending and deposits by province and by regional (autonomous) government (tables 4.28 to 4.31), there have been breaks owing to the breakdown of lending to Central counterparties (until the March data they were included under “Non-classified”), and to the inclusion of subordinated debt in the form of deposits.

July

As from the April 2017 data, the confidential statements regularly sent by credit institutions to the Banco de España and that are a source for the compilation of this chapter have been modified. This change is in response to the adaptation to the criteria for the compilation, terminology, definitions and formats of the FINREP (FINancial REPorting) statements under European Union regulations.

To ensure the continuity of the information offered in this chapter, minor changes have been made to some of its tables, re-grouping and re-ordering of certain series. Moreover, certain breakdowns not available in the new data framework have been maintained.

As indicated in the tables, these changes may give rise to breaks as from the April data, whereby the data should moreover be considered as provisional.

April

 This chapter has been re-designed to adapt it to the sectoral changes in the European System of Accounts 2010, particularly to changes in the subsectors that make up the Financial institutions sector (see methodological summary of the Financial Accounts of the Spanish Economy) and which affect non-monetary financial institutions.

The information blocks provided cover a range of institutional groupings, whose composition is clarified in the accompanying table. This information includes time series of the stocks of the financial accounts, available from 1994 Q4, the breakdowns of which are not published in the quarterly edition of the Financial Accounts of the Spanish Economy. In addition, breakdowns of the contribution of some of the subsectors or agents to aggregate euro area statistics have also been presented since the statistics were required by the European Central Bank. Moreover, the information provided enables the statistics of non-monetary financial institutions to be monitored by certain international organisations (such as the Financial Stability Board, the IMF and the OECD).

This chapter will be updated on a quarterly basis to coincide with the publication of the Financial Accounts of the Spanish Economy.

March

As from this month the information offered in this chapter, concerning the interest rates applied by Monetary Financial Institutions in lending and deposit operations vis-à-vis households and NPISHs and non-financial corporations, is being reorganised. The reason for these changes is to offer clearer information on consumer financing.

Specifically, the information on credit cards (interest rates applied and volume of new business) has been placed for presentation purposes within the consumer credit segment (e.g. in Tables 19.3 and 19.4), since this is considered to be its fundamental end-use. This grouping is informative since, although the end-purpose of these credits is the same, their different characteristics mean that the rates applied to credit granted through credit cards (deferred payment or revolving cards) differ clearly from those applied to traditional consumer credit.