The financing of intangible assets. Banking Lab

A new session of the Banking Lab was held today. The session focused on the financing of intangible assets, which is key to boosting productivity and driving the economic recovery after the pandemic. It was chaired by Santiago Carbó, coordinator of the CUNEF Banking Lab, and attended by renowned banking industry professionals, such as Joaquín Maudos, Professor of Economics at the University of Valencia, Deputy Director of the IVIE and CUNEF associate, Ángel Estrada, Director General of Financial Stability, Regulation and Resolution at the Bank of Spain, Remedios Ruiz, Head of Enterprise-wide Risk Management at Banco Santander, and Rafael Salinas, Head of Global Risk Management at BBVA.

One of the keys to driving productivity and thus contributing to the economic recovery after the pandemic is the financing of intangible assets. However, to incentivize this financing, it is necessary to address changes in the capital regulatory framework, introduce tax incentives and implement cooperation programmes between the public and private sector. These are just some of the conclusions after today's Banking Lab session, during which participants in general highlighted that countries, sectors and companies that invest more in intangible assets grow faster and gain more productivity.

• For more information, go to the Spanish Banking Association – (AEB)