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Moody's says Spanish consumer lending is rising, but from a low base

London, 08 November 2016-- Spanish lenders are increasingly turning toward consumer loan origination amid a competitive lending environment to boost margins, says Moody's Investors Service. However, the overall lending volume remains modest and is growing from a small base. "Unsecured consumer loans are riskier than other types of lending, such as mortgages, but in our view underwriting standards in the consumer space have not loosened enough to have a negative effect on ABS...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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