this Ministry of Economy and banking employers Work has begun on the new package. quantity combat financial exclusion In evacuated Spain, as various relevant sources confirm, El Periódico de Catalunya, a newspaper belonging to the same group as this newspaper, Prensa Ibérica. The main purpose is to provide basic banking services, especially the opportunity to obtain cash, 1.4% of the population who lives rural municipalities without a bank branch or other physical means access to the financial systemLike ATMs or what are known as ‘ofibus’.
The percentage of unattended population is low, but this means: about 665,000 Spaniards They suffer the highest levels of financial exclusion, according to end-2021 data from the National Institute of Statistics. 3.3% of the population -1.56 million people- live in cities no bank branchAlbeit with some other mechanisms that the financial industry uses to provide physical access to its most essential services.
Both data accessed by this newspaper are statement that the bosses AEB and CECA (banks and former savings banks, respectively) plans to release in the coming days, presumably towards the end of the month. his actor Joaquin Maudos (professor of economic analysis at the University of Valencia and assistant director of research at Ivie), a Preview to the associations and the Ministry of Economy a few weeks ago, as it is the basis on which both parties plan to draft the new plan.
Older, less income
Sources from the department headed by Nadia Calviño suggest that the study will focus on municipalities where 1.4% of the population reside, as well as being more neglected by banks than others, in most cases middle ages of those living among seven and eight years old country as a whole, as well as at one level slightly lower rent. Although the plan no date or deadlines to be ready, the purpose of the ministry is to move forward highest possible speed.
Therefore, the initiative is part of the project. strategy thriving Economy in the last year overcome financial exclusiona growing problem in Spain since industry restructuring The bank started in 2008 due to the previous crisis. At the request of the vice president, the AEB and CECA signed a protocol in July last year. “strengthening social connectedness” With a series of measures in terms of workforce, salary, environmental sustainability and digitalization, in addition to inclusion and financial education, the sector has a Financial Inclusion Observatory to prepare a “map of access to financial services in rural Spain” that will be available in a few days.
In addition, Calviño publicly urged the industry last January to take new measures to improve its services. old humans. After a month of negotiations, an initiative package emerged, which employers signed as an extension of last year’s protocol. Now it’s about giving it a new twist that focuses. rural spainin some works cooperative employers credit (UNACC) and Bank of Spain.
public cooperation
The supervisory body, therefore, three reports: a comparison access to cash In Spain compared to the rest of the eurozone countries; access x-ray for digital banking services in the country and its last evolution; and review actions at national and international level against financial exclusion. These studies will also form the basis of the plan to be negotiated by the ministry and employers.
The economy expects a new set of commitments to emerge from the business that the bank will return to. to undertake voluntarily. The industry declares its willingness to do so, but is willing to share the cost. “Solutions will be sought, but there must be” shared solutionsbecause the financial sector is a basic service but not a public service. They need to be combined with public administrations, which has to guarantee public service. Therefore one should public-private cooperation“This Tuesday, AEB spokesperson José Luis Martínez Campuzano argued at an event hosted by IBM.
growth problem
The problem of financial exclusion of vacated Spain comes from afar, but aggravated in the last 14 years. According to data from the Bank of Spain, municipalities without offices became a bank Hit at 836 and 23% Since the burst of the property bubble from 3,569 in 2008 4,405 by the end of 2020. Affected populations 54% of the total. On the other hand, the number of villages no cash access (via cashier or branch) was located at: 4115 with the end of 2020 1.18 million people Affected 2.5% of the population.
Most affected provinces Burgos (313 municipalities without branches at the end of last year) and Salamanca (307), in front Guadalajara (247), avilla (215) and Zamora (203). Valladolid, Segovia, Palencia, Cuenca, Zaragoza and Soria have between 180 and 150 affected populations, while León, Navarra, Teruel, Cáceres, Lleida, Girona, La Rioja, Huesca, Barcelona, Tarragona and Valencia have between 150 and 100 . At the opposite end, Córdoba, Seville, Lugo, Murcia, the Balearic Islands, Cádiz, Pontevedra, Santa Cruz de Tenerife, Las Palmas and Jaén have less than 10 municipalities without offices.
Financial Client Ombudsman, in the fall
this Ministry of Economy He plans to take the project for the creation of the Financial Client Defense Authority to the Council of Ministers. early fall to start your parliamentary procedure. It will depend on the date reports you expect to receive other ministries and State Council. The government, in any case, is the new institution responsible for solving the problem. customer complaints The number of banks, insurers and investment firms may continue before the end of the legislature (end of next year if there is no early election).
His preliminary draft, which he submitted in early April, was stigmatized as “unconstitutional” by bank employers AEB and CECA as this paper progressed. In this sense, economic resources analyze and prioritize contributions from different representatives during the public hearing process and at any time adjustments possible Regarding the draft enhance text will be sent to the courts. However, they emphasize that yes, the ultimate goal will be in any case. strengthen the protection and enabling the courts to do their job quickly and efficiently.
The department, led by Nadia Calviño, aims for the new body to resolve allegations submitted to the ministry. Bank of SpainNational Securities Market Commission (CNMV) and General Directorate of Insurance and Pension Funds. The purpose of the authority’s decisions binding for assets (not for customers) when the quantity requested does not exceed 20.000 €.
This represents a far-reaching change, as the opinions of these three auditors are not mandatory, meaning they are overlooked by organizations at a very high rate. The economy also wants the industry to finance the organization. rate 250 euro per request received, customers are free.