Spanish Banks Exposed to Stress Tests

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...

Spanish banks assets continue to slide

The Spanish banks are going to need additional funds amounting to €57 billion Share

Are high street estate agencies history?

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...

Costa del Sol car rental companies in despair

As the financial crisis takes its toll on the travel and tourism industry Share

Financial crisis: 800 bank offices to close by 2010

The main banks in Spain have given in to the Bank of Spain’s Share

Spanish savings banks on the verge of collapse

Spanish savings banks have requested increased government aid to avoid Share

Caixa Catalunya sells 120 branches

In December, Caixa Catalunya announced that it will sell 824 branches of its 1200 commercial premises Share

Spain’s La Caixa plans to close 250 branches

We recently reported on the Caixa Catalunya selling 824 of its branches. Not even a month later, LaCaixa, Spain’s largest savings bank announces Share