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Nº Sistema	000477200
Autor	Cáceres, Esther
Autor	San Vicente, Jorge
Título	Asset encumbrance in secured funding operations in the Spanish banking sector [Recurso electrónico] : Esther Cáceres and Jorge San Vicente.
Publicado en	Financial Stability Review / Banco de España [Artículos], n. 47, Autumn 2024, p. 29-44
Nota general	Artículo de revista
Resumen	Credit institutions’ access to funding is key to their survival, especially during crises, when market liquidity deteriorates. In such periods, the availability of assets that can be used as collateral could be instrumental in preserving access to finance. This article analyses the Spanish banking sector’s ability to access the secured funding market since late 2014, when the European Banking Authority’s asset encumbrance disclosure framework entered into force. The analysis shows that in Spain, as in all other European countries, asset encumbrance has been declining since 2022. With more unencumbered assets available, banks find it easier to access funding on the financial markets. [Resumen de autor] [eng]
Restricciones	Acceso público y gratuito a la versión electrónica en Internet
Acceso electrónico	Ver en el Repositorio Institucional.
Relacionado con	Versión en español
Clasificación	G52-Riesgos y liquidez.
Materia	Sistema financiero
	Liquidez bancaria
	Regulación bancaria
Materia	España
Entidad secundaria	Banco de España