Spain brings in new bank capital rules

Spain approved in February 2011 a law obliging its banks to reinforce their capital by September 2011 or face partial nationalisation but has granted unlisted cajas or savings banks until March 2012 to organise stock market flotations.

ESO: Background information: Spain plans more restructuring of savings banks http://www.europeansources.info/record/spain-plans-more-restructuring-of-savings-banks/

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