Bank of Spain

bankia-ipo

The Bank Of Spain’s Internal Communications About Bankia

It’s undeniable that the latest information which has come out about the Bankia case reveals new areas of responsability. And in the front-line is the worst governor in the Bank of Spain’s history. The correspondence which the head of the Bankia inspectors’ team José Antonio Casaus sent to his superiors is definitive.



ECB on inflation

TARGET 2: Capital Flight From Italy And Spain Continues

Miguel Navascués | Take a look at the outstanding balances in the ECB’s TARGET2 payments system, which maintains an up-to-date record of the debts and loans each country has with the other. As can be seen from the table below and the subsequent graphics, Italy, where the banks have 360 billion euros of doubtful loans, as well as Spain, have again begun to show signs of weakness.



banco-españa

It’s Time For Spanish Companies To Go Big

Data from the Bank of Spain illustrates a turning point in the accounts of non-financial companies in 2015. That said, against the backdrop of political uncertainty there is a risk that the value of this will not be unlocked so that Spanish companies can face the current challenge of increasing their size.



consumer-spending

Consumer spending in Spain outpaces eurozone

The figures issued by the Bank of Spain have confirmed what we could already see with the naked eye; namely that Spaniards are losing their fear of the future and spending again. After several years of austerity, the consumers in Spain have gradually loosened their purse strings over the past year. And to such an extent that consumer spending rose 3.1% in 2015, almost tripling the 1.2% registered a year earlier.


Bank-of-Spain

Bank Of Spain To Calculate Provisions On Expected Rather Than Incurred Losses

The Bank of Spain plans to change the method for calculating provisions in H1 2016, in advance of the European Commission’s new accounting regulations due to be implemented in 2018. Under the new rules elaborated by the International Accounting Standards Board (IASB), provisions will be calculated based on the expected loss in credit operations and not on the loss already incurred, as has been the case up to now.


banca-españa

Spanish banks’ stock market via crucis continues into 2016

Spanish banks’ market capitalisation is still in the doldrums. Six of the seven lenders listed on the Ibex 35 occupied the top positions in the ranking of European banks with the worst stock market performance in 2015. And investors are continuing to punish Spain’s banking sector at the start of 2016. Analysts agree that profitability is the problem for Spanish banks. And, as the Bank of Spain insists, one solution could be a new wave of mergers, which would probably affect the mid-sized lenders.


Spanish banks

Spanish Banking Sector Reform: A Second Round On The Cards

Despite the fact that many of the banking sector ratios are improving, the Bank of Spain in its November bulletin has once again called on the industry to adjust its business model and even adapt its corporate strategy to a demanding economic and regulatory environment.