The Spanish Economy

Financial Sector

This section provides relevant data on the Spanish financial sector. First one might find a brief overview of the financial sector and a brief explanation of the evolution of private debt in Spain. Moreover, there is a special section on the status of the financial sector reform and international assessments.

Financial SYSTEM OVERVIEW

• April 2012 BdE Spanish Banking Sector presentation (Link to the Bank of Spain presentation)

Financial SYSTEM REFORM

• Results of the Independent Evaluation of the Spanish Banking Sector (September 28th, 2012)

  • Press release (PDF approx 150 KB)

  • Background (PDF approx 215 KB)

  • Oliver Wyman Asset Quality Review and Bottom-Up Stress Test Exercise (September 2012) (link to the Bank of Spain document)

  • Individual results (link to the Bank of Spain document)

• Financial assistance
  • New framework for the restructuring and resolution of financial institutions (PDF approx 150 KB)
  • Memorandum of Understanding (link to the document)
  • Treasury statement on financial assistance to recapitalise the Spanish Banking Sector (June 10th, 2012) (PDF approx 200 KB)
  • Eurogroup statement on Spain (June 9th, 2012) (link to the Eurogroup document)
• External Assessment
  • Results: Presentation "Results of the independent evaluation" (June 21st, 2012) (link to the Bank of Spain document)
  • Results: Background document "Results of the top-down stress test and road map" (June 21st, 2012) (link to the Bank of Spain document)
  • Roland Berger final report (link to the document) (June 21st, 2012)
  • Oliver Wyman final report (link to the document) (June 21st, 2012)
  • Methodology used in the Independent Evaluation of the Spanish Financial System (PDF approx, 92KB)
• May 2012
  • Financial Sector Reform presentation (PDF approx, 580 KB)
  • IMF Statement on the Spanish Measures to Strengthen the Banking Sector (PDF approx, 140KB)
• February 2012
  • BdE approves credit institutions´plans to comply with the financial reform (Link to the Bank of Spain press release)
  • February 2012 BdE financial sector reform presentation (Link to the Bank of Spain presentation)
  • February 2012 financial sector reform presentation
  • Financial Reform Press Release

Links

• Banco de España

international organization assessments

• IMF Financial Stability Assessment (June 8, 2012) (Link to the IMF document)
• IMF Financial Stability Assessment (June 8, 2012) (Link to the IMF press release)
• IMF Financial Sector Assessment, Preliminary Conclusions by the Staff (April 25, 2012)(Link to the IMF press release)

PAST DOCUMENTS