The board of directors of Banco de Crédito Cooperativo, the parent company of Grupo Cooperativo Cajamar, Adherence to the Code of Good Practice on mortgage loans. This 18 rural boxes members of the group agree both to extend the measures already in force and to to spread this enterprise to the middle classesthrough a two-year transitional regime, thereby contributing to facilitating access to housing for members and customers of organizations in their region of origin and area of activity, disclosed by the business
More than ten years ago, on March 12, 2012, Cajamar Group’s credit cooperatives already adhered to the Code of Good Practices for the viable restructuring of mortgage-backed loans in habitual residences aimed at the most vulnerable social groups. thought possible debt restructuring, to pick up on capital pending amortization, and Settlement, When deemed necessary, measures common to the behavior of the group refer to the same sources.
The institution also provided new support to customers who have difficulties in paying their mortgage installments, with the Ministry of Economic Affairs and Digital Transformation and the Bank of Spain, this year, together with the rural banks of the Cajamar Cooperative Group, other institutions of the Spanish banking sector, and as a result of this cooperation, on November 22. Council of Ministers approved a new package of measures for mortgage borrowers at risk of vulnerability.
Among the approved measures are the current Law reform targeting the families most vulnerable to the current economic conditions; and secondly, the approval of a new additional Code aimed at: certain middle income groups particularly affected by the rise in interest rates.
Calculations submitted by the Ministry of Economy at the time show that the country as a whole could approximately benefit from these aid measures. 1.1 million mortgages.
taken into account, Alicante According to INE data, it concentrates on 4.2% of all mortgages issued in Spain over the past decade, meaning that more than 46,000 families can benefit from it in the province.