Spanish Savings Banks Told To Do More

The International Monetary Fund says Spanish cajas, or savings banks, must do more to strengthen their balance sheets.

  • 26 Apr 2012
The International Monetary Fund says Spanish cajas, or savings banks, must do more to strengthen their balance sheets. The IMF said that while the nation’s largest banks are strong enough to withstand further shocks, two cajas, which are partly owned by the government, pose a system risk while ...

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