Spain's banks need at least 40 billion euros (about $46 billion) in fresh capital to preserve the country's financial stability, the International Monetary Fund said Friday in an eagerly-awaited report.
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BING NEWS:
- Leftist Spain Govt Passes Taxes On Multinationals, Banks
The Spanish parliament on Thursday approved a tax package targeting multinationals and banking giants in a significant and hard-fought victory for the minority left-wing government.
11/21/2024 - 10:31 am | View Link - How to get a Spanish mortgage: everything you need to know
Understanding how to get a Spanish mortgage is essential when purchasing your dream property in Spain. Whether you’re buying a holiday home, relocating, or investing, the process is an exciting but ...
11/20/2024 - 6:00 pm | View Link - Spanish banks first to onboard to EU instant cross-border payment scheme
The Spanish banking community has become the first EU market to enable instant cross-currency payments under the European Payment Council's OCT Inst (One-Leg Out (OLO) Instant Credit Transfer scheme.
11/17/2024 - 11:03 pm | View Link - Spain's banks offer loan moratorium for households, businesses affected by floods
MADRID, Nov 5 (Reuters) - Spanish banks have offered mortgage holders, the self-employed and small businesses affected by the floods in southeast Spain a three-month loan moratorium during which they ...
11/5/2024 - 2:17 am | View Link - Spanish banks to withstand impact of recent floods, central bank says
Spanish banks have a loan exposure of about 20 billion euros ($21.80 billion) in areas worst-hit by floods, but will be able to absorb the shock, a Bank of Spain official said on Tuesday, adding ...
11/5/2024 - 12:29 am | View Link - More
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