Comment On Imf: Spanish Banks Need $46 Billion

IMF: Spanish banks need $46 billion

Spain Bailout

Spain's banks need at least 40 billion euros (about $46 billion) in fresh capital to preserve the country's financial stability, the International Monetary Fund said Friday in an eagerly-awaited report.

Sections:  world   
RELATED ARTICLES
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour busSwedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
ASK NEWS:
  • Ex-IMF head Rato told to pay €3m court bond in Spain bank fraud ... - EuroNews
    A Spanish court has ordered the IMF ’s former chief Rodrigo Rato to pay a three million euro ... the merger of six regional savings banks in 2010
    10/17/2014 - 12:00 pm | View Link
  • Europe shares fall again as global rout resumes - Yahoo! Finance
    GLOBAL MARKETS-Europe falls again as global rout resumes - Reuters UK
    10/16/2014 - 9:43 am | View Link
  • FX: Kicking Q2 Off With A Bang - Yahoo! Finance
    EUR: UNDERWHELMING FIREWALL AND SPANISH BUDGET ... of continued stimulus from central banks has ... will be enough to convince the IMF to commit ...
    10/16/2014 - 7:50 am | View Link
  • Why EUR and Risk Remain Resilient - Yahoo! Finance
     A healthy Spanish bond auction and a surprise ... in Europe and even some central banks do not ... first time since early 2011, the IMF ...
    10/16/2014 - 7:50 am | View Link
  • Rato’s $2,024 Jewelers Tab Puts Bankia Excesses on Trial - Washington Post
    Judge sets 3-mn-euro bail for ex-IMF head in credit card scandal - Bangkok Post
    10/16/2014 - 7:41 am | View Link
  • More
BING NEWS:
  • IMF urges Spanish banks to boost capital in order to be able to lend more
    The IMF on Thursday urged Spanish banks to take advantage of the improved conditions in the stock market to issue shares to boost their capital in order to be able to lend more and help the recovery. A “top priority is for supervisors to continue ...
    02/21/2014 - 8:43 am | View Link
  • Spain banks face profitability challenge: EC, IMF
    MADRID (Reuters) - Spanish banks will struggle with profitability over the coming years as lending shrinks further and housing prices keep falling, the European Commission and the International Monetary Fund said on Monday. A 41.3-billion-euro ($57 billion ...
    12/16/2013 - 2:09 am | View Link
  • IMF Says Spanish Banks Need More Capital in Stress Tests
    Spain’s banking system would need 37 billion euros ($46 billion) in additional capital to cope with worsening economic conditions, the International Monetary Fund said in a report, which the country will use to help determine what international support ...
    06/9/2012 - 9:44 am | View Link
  • Spanish banks need a 40-billion-euro bailout: IMF
    The eurozone is expecting Spain to request billions of euros in international bailout for its failing banks. The International Monetary Fund (IMF) says that Spanish banks alone need 40-billion-euros (USD 50 billion) in bailout against the country’s ...
    06/8/2012 - 10:37 pm | View Link
  • Spanish banks need at least 40 billion euros: IMF
    The International Monetary Fund is estimating that Spanish banks need at least a euro40 billion ($49.87 billion) capital injection following a stress test it performed on the country’s financial sector. The lending institution said Friday that Spain’s ...
    06/8/2012 - 9:00 pm | View Link
  • More
BING SEARCH:
  • Spain
    Spain and the World Bank work with other member governments to finance projects, design policies, and deliver programs to end poverty in the developing world.
    10/25/2014 - 3:40 am | View Website
  • What’s Lurking in the Shadows of China’s Banks ...
    The pink part—that is shadow bank or nonbank intermediation—consists of the four components in Figure 2: Corporate bonds. Yes, corporate bonds are the largest ...
    10/25/2014 - 2:36 am | View Website
  • Annual Meetings of the International Monetary Fund and the ...
    The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring ...
    10/25/2014 - 2:36 am | View Website
  • IMF Data and Statistics
    The IMF publishes a range of time series data on IMF lending, exchange rates and other economic and financial indicators. Manuals, guides, and other material on ...
    10/24/2014 - 4:42 pm | View Website
  • Spain and the IMF -- Page 1 of 20
    Material about Spain and its activities with the IMF
    10/24/2014 - 12:38 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News