BBVA Research released a report on the behavior of the banking sector as of June 2020. In it, it studied the dynamics that maintained the placement of loans and bank deposits.

The balance of the current loan portfolio granted by commercial banks for housing registered an annual increase of 9.0% (5.5% in real terms) in June. However, BBVA acknowledged that this is showing signs of significant slowdown, recalling that it is now the fourth consecutive month with single-digit nominal growth rates.

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