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If you are confused over Spain’s economic prospects you are in good company. Across all economies experts send out mixed signals. This is because they can only work with conflicting analysis based on unreliable information supplied by government offices...
The BBVA and Santander – two leading banks of Spain, need to raise a sum of £9 Billion according to the City analysis report. Just a few days ago, these two banks were declared as one of the best banks in Europe, by the governor of the Bank of Spain.
Later...
The Spanish banks are going to need additional funds amounting to €57 billion
Few of us would think of walking into a bank rather than an estate agent when looking for a new home. Not doing so could be a mistake. Spain’s banks, including savings banks known as cajas, have more properties on their books than do the estate agents...
As the financial crisis takes its toll on the travel and tourism industry
The main banks in Spain have given in to the Bank of Spain’s
Spanish savings banks have requested increased government aid to avoid
In December, Caixa Catalunya announced that it will sell 824 branches of its 1200 commercial premises
We recently reported on the Caixa Catalunya selling 824 of its branches. Not even a month later, LaCaixa, Spain’s largest savings bank announces