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    Published on Tuesday, November 15, 2011 | Updated on Tuesday, July 15, 2014

    The Spanish Financial System: A restructuring that has not finished

    Summary

    The solvency of the Spanish system is not as bad as it may be inferred from the results of the recent EBA exercise, which does not address banks' balance sheet problems, such as legacy or real estate assets.

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    BBVA Research BBVA Research

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    Presentation (PDF)

    111115_Thespanishfinancialsystem_tcm348-280781

    English - November 15, 2011

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