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.

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ASK NEWS:
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BING NEWS:
  • Spanish banks should boost capital without cutting lending
    MADRID (Reuters) - Spanish banks should keep strengthening their solvency without further cutting credit, the International Monetary Fund said in a report on Monday, adding that capital and liquidity had improved since a European-backed rescue of the sector.
    09/30/2013 - 3:20 am | View Link
  • IMF: Spanish banks need nearly $50 billion
    WASHINGTON (AP) — 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 ...
    06/9/2012 - 7:46 am | View Link
  • IMF says Spanish banks need at least $40 billion
    WASHINGTON (AP) — 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 ...
    06/8/2012 - 3:15 pm | View Link
  • IMF: Spanish banks need nearly $50 billion
    WASHINGTON (AP) — 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 ...
    06/7/2012 - 1:00 pm | View Link
  • IMF report: Spanish banks need ₤40b
    Madrid: An International Monetary Fund (IMF) report on Spanish banks will show the country's troubled lenders need a cash injection of at least ₤40 billion (Dh183 billion), sources in the financial sector said on Thursday. The report, due to be published ...
    06/7/2012 - 7:48 am | View Link
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