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Publication Date:
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November 22, 2013
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Electronic Access:
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Free Full text
(PDF file size is 1,448KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Summary:
This paper discusses findings of Fourth Progress Report on Spain’s financial sector reform. Implementation of Spain’s financial sector program remains on track. Essentially all measures specified in the program have now been implemented, as envisaged under its front-loaded timetable. Capital-augmentation measures arising from last year’s stress test are now complete, SAREB has almost concluded its organizational development and is now accelerating the liquidation of its assets, and key reforms of Spain’s financial sector framework have been adopted or put in train. Despite recent improvements, important risks remain, including those associated with the ongoing macroeconomic adjustment.
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Order a print copy
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Series:
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Country Report No. 13/331
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Subject(s):
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Financial sector | Banks | Bank reforms | Bank supervision | Economic indicators | Financial soundness indicators | Spain
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English
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Publication Date:
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November 22, 2013
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ISBN/ISSN:
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9781475531466/1934-7685
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Format:
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Paper
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Stock No:
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1ESPEA2013005
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Pages:
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37
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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