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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  • International Monetary Fund
    Join us for the 2020 Annual Meetings. The Annual Meetings took place virtually on October 12-18, 2020. Visit our website and social media accounts to get a replay of all the events and discussions at this year's #IMFMeetings.. Schedule IMF Live Newsletter
    10/22/2020 - 11:24 pm | View Website
  • International Monetary Fund
    The International Monetary Fund (IMF) is an international organization, headquartered in Washington, D.C., consisting of 190 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world while periodically depending on the World Bank for its resources.
    10/22/2020 - 2:20 pm | View Website
  • IMF Data
    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 statistical practices at the IMF, in member countries, and of the statistical community at large are also available.
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  • Spain and the IMF
    IMF Members' Quotas and Voting Power, and Board of Governors; IMF Regional Office for Asia and the Pacific; IMF Capacity Development Office in Thailand (CDOT) IMF Regional Office in Central America, Panama, and the Dominican Republic; Eastern Caribbean Currency Union (ECCU) IMF Europe Office in Paris and Brussels ; IMF Office in the Pacific Islands
    10/21/2020 - 9:09 pm | View Website
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    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 ...
    10/20/2020 - 6:37 am | View Website
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