Avalmadrid accelerates the regional economy with a 49% growth in guarantees, exceeding €261 million approved.

 

El solid performance of Avalmadrid during the first three quarters of the year translates into a volume of approved operations of 261,5 million euros, which represents an increase of 31% compared to the same period last year. This boost has allowed the entity to record a profit before taxes of 2,24 million euros, a figure that exceeds the total profits of 2024. Being an entity nonprofit, these resources are directly reinvested in your assets to strengthen its capacity to help to Madrid society and businesses.

 

The company's activity has had a direct hit in the labor market and business financing, receiving more than 1.900 funding applications for a value exceeding 453 million, which have contributed to generate and maintain 18.000 jobs in the Community.

 

Protected Housing and Financial Strength Engine

 

One of the most notable aspects is the Avalmadrid's crucial role in the development of protected housing, in line with the agreement of the Community of Madrid to promote up to 8.000 public housing units. Through collaboration with leading financial institutions such as CaixaBank, BBVA and Kutxabank, the company has participated in projects that already add up to almost 500 public housing units. This action has a high social impact, facilitating access to affordable housing for young people and families in Madrid.

 

In terms of solvency, the entity remains robust, having a solvency ratio close to 31%, well above the regulatory minimum of 8%. Its computable own resources now exceed 108 million euros, while the non-performing loan ratio the downward trend continues.

 

The entity has already surpassed the results of the entire year of 2024 in nine months, exceeding the figure of 261 million euros.
in guarantees granted

 

Commitment to Entrepreneurship and Sustainability

 

Avalmadrid's activity also focuses on promoting business tissue:

 

New Companies: Support has been provided to almost 250 entrepreneurial projects so far this year, formalizing a real investment of more than 31 million euros and generating a total induced investment that is close to 50 millones de euros.

 

Sustainability: They have supported each other almost 50 sustainable investment initiatives for a value of 19 million euros, while participating in real estate projects that comply with efficiency criteria.

 

Technical Guarantee: The company is consolidated as leader among SGRs in the expansion of Technical Guarantee, with the aim of this representing the 50% of the portfolio in the next years.

 

The general director of Avalmadrid, Lorenzo Alonso, emphasizes the relevance of these results: “Avalmadrid has established itself as an effective instrument for boost Madrid's economyThis year we have not only grown well above the sector, but we have taken a firm step in the promotion of protected housing, a essential social right for Madrid society. Each project represents employment, cohesion and future for thousands of families in the Community of Madrid.”