Last May 28, BBVA met with its corporate Transactional Banking clients at the exclusive cultural venue of the San Fernando Royal Academy of Fine Arts in Madrid, where the conference "Encuentros con la actualidad" was held. This year it addressed the current situation of credit in Europe and Spain.

Ana Rubio, Chief Economist of BBVA Research's Financial Systems, offered an optimistic outlook of the situation of credit in Spain, considering that its reactivation is a fact that can be seen in a 6% improvement in the flow of new credit in the first quarter of the year. According to forecasts, and taking into account the current trend, the Spanish economy should return to strong growth of new credit, with a sustained and much healthier increase than the pre-crisis levels, although lower.

After the talk, the attendees enjoyed a guided tour of the institution's private art collection, which ended with a cocktail. The San Fernando Royal Academy of Fine Arts boasts the largest private collection of works by Francisco de Goya, an institution with which the painter had very close ties.