Spain: Financial Sector Reform: Second Progress Report

March 5, 2013

Preview Citation

Format: Chicago

Spain: Financial Sector Reform: Second Progress Report, (USA: International Monetary Fund, 2013) accessed September 20, 2024

Summary

This article is a report of Spain’s progress in financial sector reforms. The key reforms in the financial sector have been either adopted or designed. The economy has risks at times as it takes up the challenges of correcting pre-crisis imbalances. The economy may face decline, but financial markets have significantly improved. Financing from banks is a major source of finance for households and firms. Exports contribute to the increasing economy in spite of global competition. The Executive Board welcomes this development of Spain's financial sector.

Subject: Bank credit, Banking, Commercial banks, Credit, Financial institutions, Financial sector policy and analysis, Loans, Money, Stress testing

Keywords: Asset transfer, Backstop bank, Balance sheet forecast, Balance sheets, Banco de Valencia, Bank credit, Bank financing, Broad money, Capital base, Capital shortfall, Commercial banks, CR, Credit, Europe, Global, ISCR, Loans, Preference shares, Restructuring plan, Senior debt, Stress testing

Publication Details

Pages:

46
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/054
Stock No:

1ESPEA2013001
ISBN:

9781475523836
ISSN:

1934-7685

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