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:
  • Bailed out EU economies are booming. Except one - CNN Money
    ... to rescue the banks, and prevent the economy collapsing. In return, the Spanish government ... program in May 2014, and the IMF expects growth ...
    07/30/2015 - 2:59 pm | View Link
  • Europe's bailed out economies are booming. Except Greece, of course - CNN Money
    ... to rescue the banks, and prevent the economy collapsing. In return, the Spanish government ... program in May 2014, and the IMF expects growth ...
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BING NEWS:
  • Europe's bailed out economies are booming. Except Greece, of course
    Europe's bailout fund loaned Spain 41 billion euros ($45 billion) to rescue the banks, and prevent the economy collapsing. In return, the Spanish government introduced ... bailout program in May 2014, and the IMF expects growth of 1.6% this year.
    07/30/2015 - 5:59 am | View Link
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  • 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
  • IMF: Spanish banks need nearly $50 billion
    WASHINGTON (AP) -- The International Monetary Fund is estimating that Spanish banks need ... Ceyla Pazarbasioglu, an IMF deputy director who head of the team that conducted the report The IMF report said that most large banks in Spain are resilient but ...
    06/9/2012 - 12:52 pm | View Link
  • IMF report to show Spanish banks need 40 billion aid
    "The capital shortfall for the Spanish banks will be around ... resources," the source told Reuters. Government sources declined to confirm the figures and one source who has been briefed on the matter cautioned that the IMF may not have finalized its ...
    06/8/2012 - 8:32 pm | View Link
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BING SEARCH:
  • Spanish Banks Review
    Spanish Banks and Banking Review - News, information about banks, offices and ATMs across the Spain, including maps, addresses and working hours.
    08/1/2015 - 9:28 am | View Website
  • Spain and the IMF -- Page 1 of 20
    Material about Spain and its activities with the IMF
    08/1/2015 - 4:35 am | View Website
  • iMFdirect
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    08/1/2015 - 2:40 am | 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 ...
    07/31/2015 - 3:49 pm | View Website
  • Bretton Woods system
    The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states in the mid-20th ...
    07/31/2015 - 7:35 am | View Website
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