Reliability of Spanish banks is certified

The reliability of the Spanish banks has been certified. Spain is also the country with the lowest possibility of deterioration in the stress scenario: 120 basis points, less than the average of all banks analysed (320 bp) and less than a quarter of the average (519 bp).

In the adverse scenario-which forecasts GDP negative growths until 2016- the capitalisation of the Spanish lenders mean that they are able to exceed the minimum threshold of 5.5% Core Tier of risk-weighted assets. That is determined as the minimum level to avoid a capital increase. Most Spanish entities have exceeded the minimum level, with capital levels ranging between 8% and 10%.

 

 

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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