https://www.bde.es/f/webbde/GAP/Secciones/SalaPrensa/IntervencionesPublicas/Gobernador/Arc/hdc120419en.pdf
Pablo Hernández de Cos
Governor of the Banco de España
WOMEN’S FINANCIAL INCLUSION WORKSHOP
Council on Foreign Relations
12 April 2019
CONCLUSIONS
•Gender
differences in financial literacy are present in Spain as in many other
economies
•In Spain
the gender gap varies depending on whether the individual is familiar
or not with
her own household finances, and, importantly, depending on the
family
structure
•On the
contrary, there are no significant gender gaps in holding or acquisition
of financial
products
•Women are
more optimistic about the evolution of house prices than men, and
also tend to
provide higher estimates for the value of their home and lower
estimates
for the value of their financial assets compared to men
•Female
entrepreneurs in Spain are less likely to apply for a credit when they
start a business,
and - for those who applied - the probability of getting the
loan is
significantly lower than their male peers in the industry
•Female loan
officers produce loans that will carry a smaller default rate than
men, and
follow more often the recommendation of the scoring mode
