In Spain

ibercaja

The Uncertain Future Of Spain’s Bailed Out Savings Banks

The savings banks which were bailed out by the FROB continue to present problems for that institution and the government. The idea was that after they were restructured and their value had increased, they would find a buyer or incorporate a partner with a controlling stake or seek a stock market listing. So then they would give back at least a good part of the state aid received from the FROB. But these plans are turning out to be difficult to implement.




Spanish banks credit lending

Demand, Not Supply, Is The Problem Affecting Credit In Spain

J.L.M. Campuzano (Spanish Banking Association) | The private sector in Spain is continuing to reduce debt. Financing for companies and households has fallen an annual 0.7% and 1.7% respectively, according to August data from the Bank of Spain. One might conclude from these figures that there is still restrictions on credit in Spain. But nothing could be further from the truth.