14.12.2015 11:38:00
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Caixabank -- Moody's: Stronger SME Lending to Boost Spanish Banks Profits Risks Lax Underwriting Standards
Madrid, December 14, 2015 -- Increased lending to small and medium-sized enterprises (SMEs) is positive for Spain's economic growth , but fierce competition among Spanish banks to lend to this sector may prompt them to excessively loosen their underwriting standards and misprice risk, says Moody's Investors Service in a recently published report.