Spain’s Ministry of Economy, together with the Bank of Spain and the National Securities Market Commission (CNMV), is collaborating with the private sector to revitalise the securitisation market—a tool with strong potential to improve financing options for small and medium-sized enterprises (SMEs).

During a recent event on business financing, Economy Minister Carlos Cuerpo and Bank of Spain Governor José Luis Escrivá announced the creation of a European securitisation platform, alongside a high-level working group dedicated to SME financing.

Economy Ministry partners with key institutions to boost securitisation market and support SME financing

This initiative is part of the European Competitiveness Lab, led by Spain, to help integrate capital markets across the EU. The minister emphasised that the platform will help bridge the gap between financial markets and the real economy by easing access to funding for SMEs and innovative companies.

The platform, being developed with partners including France, Germany, Italy, and Luxembourg, aims to attract new, smaller issuers, expand cross-border securitisation in Europe, and streamline supervisory requirements.

A high-level working group will also assess the financing landscape for Spanish SMEs and define concrete measures to support their growth—its first task being the detailed design of the new European platform.

Escrivá stressed the need for SMEs to maintain a balanced financial structure that mixes own funds with external financing, noting that securitisation can unlock bank liquidity and free up capital, allowing more lending to smaller companies.