Banco de España Blog

Using a simple format and plain language, the Banco de España Blog seeks to make our work more accessible to the general public. It allows us to share our analysis of economic and financial issues and the ins and outs of the Banco de España’s tasks and activities with all those keen to learn more.

The Blog series group together posts covering certain similar topics. Further down is a general listing of all Blog posts, with a search function to help readers find the posts they are interested in.

 

Suscribe to the Blog

New Blog posts

Contact usOpens in new window

Send us your comments and suggestions

/f/webbe/ERI/blog/2509%20Reclamaciones/SUBHOME.png

How does ECB communication influence financial markets?

Series: Focus. Research Video Blog

03/04/2025 Florens Odendahl

European Central Bank (ECB) board members' communication affects financial markets sometimes as much as monetary policy decisions. This is one of the main conclusions of the study "ECB Communication and its Impact on Financial Markets" by Klodiana Istrefi, Florens Odendahl and Giulia Sestieri.

Series

All blog posts

Filter

How to use the calendar: use the arrow keys to navigate the calendar. Press the arrows to navigate by days of the month. Press shift and the arrows to navigate by month. Press control and the arrows to navigate by year.

How to use the calendar: use the arrow keys to navigate the calendar. Press the arrows to navigate by days of the month. Press shift and the arrows to navigate by month. Press control and the arrows to navigate by year.

12 results found with the selected filters

SubhomeLupa

24/10/2024

Better safe than sorry: how prudent lending standards lead to fewer corporate defaults

Jorge Galán , Luis Fernández Lafuerza

Banks implementing more prudent standards when lending to firms helps reduce corporate vulnerability and default risk, strengthens financial stability and supports economic recovery after crises.

Macroprudential policy

colchon de capital-campana_SUB

04/06/2024

The countercyclical capital buffer: what is it, why has it been revised and what does it mean for banks?

Ángel Estrada , Javier Mencía , Carlos Pérez Montes

The countercyclical capital buffer (CCyB) mitigates the risk posed by the macro-financial cycle to the banking system as a whole. The CCyB gradually raises banks’ solvency requirements when this risk is intermediate or high and lowers them when such systemic risks materialise. In so doing, it enhances banks’ loss-absorbing capacity and enables a stable supply of financing to the economy.

Macroprudential policy

subhome colchones

29/09/2023

The Banco de España raises the capital buffers for systemic banks

Ángel Estrada

Systemic banks are key for the stability of the financial system. They are thus subject to specific additional regulatory capital buffers. For 2024 onwards, the Banco de España has raised the minimum buffers for Santander and BBVA, in line with the new framework set in place by the ECB.

Macroprudential policy