The entities associated with CECA have granted a total of 2.177 billion euros through the sectoral moratorium

One of the measures adopted by the entities associated with CECA to mitigate the effects of the health crisis and promote subsequent economic recovery consists of deferring the debts of those affected by circumstances such as employment regulation files or a reduction in their economic activity.

These groups can benefit from the legal moratorium approved by the Government, the data of which has been made public today by the Banco de España, or from the sectoral moratorium agreed upon in the CECA Board of Directors on April 16. In the latter case, the measure broadens both the potential beneficiaries and the deadlines, which reach twelve months for loans linked to mortgage guarantees and six months for non-mortgage guarantees.

Since this sectoral moratorium was approved, the entities associated with CECA have received a total of 86,210 applications, of which 39,858 correspond to mortgage loans and 46,352 to non-mortgage loans, for a total amount of more than 3.6 billion euros.

To date, a total of 67,281 operations have been formalized for a value of 2.177 billion euros, of which 23,952 have a mortgage guarantee and represent an amount of 1.926 billion euros.

The entities adhering to the aforementioned Sectoral Agreement are:

• CaixaBank, S.A.
• Bankia, S.A.
• Kutxabank, S.A. and CajaSur Banco, S.A.U.
• Unicaja Banco, S.A.
• Abanca Corporación Bancaria, S.A.
• Ibercaja Banco S.A.
• Liberbank, S.A.
• Cecabank, S.A.
• Caja de Ahorros y Monte de Piedad de Ontinyent.
• Colonya Caixa D’Estalvis de Pollença