Publications
Spanish bank exposure to real estate: Structural correction and European comparison
Maudos, J.
Source: SEFO (Spanish and International Economic & Financial Outlook)
Abstract
Spain’s banking sector has undergone a structural transformation in its real estate exposure since the 2008 financial crisis, shifting away from high-risk developer and construction lending toward a more mortgage-dominated, better-quality loan book. Yet, exposure still exceeds the European average, reflecting deep-rooted home ownership culture rather than renewed speculative excess.
Recommended citation
Maudos, J. (2026). «Spanish bank exposure to real estate: Structural correction and European comparison». SEFO (Spanish and International Economic & Financial Outlook) n.º 4 (July): 47-54.
