Spain opens antitrust proceedings against six banks over mortgages
Key takeaways
- Spain opens antitrust proceedings against six banks over mortgages.
- The CNMC is looking into whether some executives publicly outlined their banks’ future commercial policies, especially on fixed-rate mortgage pricing.
- "Such statements would have allowed entities in the sector to anticipate the future behaviour of their competitors," the regulator said in a statement.
Spain opens antitrust proceedings against six banks over mortgages. The move comes during a period of strong rivalry in Spain’s home loan market. Credit: A9 STUDIO/ Shutterstock.com. · Retail Banker International · A9 STUDIO/ Shutterstock.com. Vidhya Edwards Munnangi Wed, June 17, 2026 at 6:53 PM GMT+7 1 min read BBVA CABK.MC BKT.MC Spain’s competition authority has started disciplinary action involving the country’s six listed banks, including Santander and BBVA, over suspected anti-competitive conduct in the mortgage sector.
The CNMC is looking into whether some executives publicly outlined their banks’ future commercial policies, especially on fixed-rate mortgage pricing.
"Such statements would have allowed entities in the sector to anticipate the future behaviour of their competitors," the regulator said in a statement.