Spanish Banks May Receive Aid On IMF’s Recommendations
Spain may today move closer to becoming the fourth euro-area nation to receive aid, as the International Monetary…
Browsing Tag
Spanish banks
Spain Calls For A New Fiscal Authority
Spain on Saturday proposed the set up of a new fiscal authority in the euro zone which would control and harmonize…
Euro Nears Two-Year Low On Spain’sn Banks Concern
The euro fell to the lowest in almost two years against the dollar as the nation struggled to rescue its troubled…
Spain’s Banks In No Need For International Bailout: Mariano Rajoy
Spain's prime minister has insisted his country will not need an international rescue for its banks as investors…
Spain’s Bankia May Be Recapitalized By Govt. Bonds
Spain may recapitalize Bankia (BKIA.MC) with Spanish government bonds in return for shares in the bank which last…
Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…
Fitch: Spanish Banks’ NPLs Surge
The reclassification of Spanish bank loans as non-performing following state intervention is the primary driver…
Moody’s Warns Spanish Banks Are Vulnerable
An effort by Spain to restore confidence in its financial system with measures including additional loss…
Spain Nationalizes Bankia To Overcome Crisis
Hoping to put an end to a four-year banking crisis, Spain's government effectively took over Bankia SA (BKIA.MC),…
Spain Banks’ Bad Loans Rise To 7.9%
Spanish banks' bad loans rose to 7.9 percent of their outstanding portfolios in January, up from 7.61 percent, and…
