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Latest Bank of Spain News

  • Decked out for debt collecting 10 Oct 2008 13:32 GMT
    ... are in arrears on payments is the highest in 10 years, according to the Bank of Spain. Banks have all but turned off the credit spigot, and this week the government ...

  • DIARY-G7, IMF and World Bank meetings in Washington 10 Oct 2008 13:31 GMT
    ... ECB Governor Council member Christian Noyer, Swiss National Bank Vice Chairman Philipp Hildebrand and Bank of Spain Deputy Governor Jose Vinals participate in discussion on financial stability. 1130/1530 - IIF Board ...

  • Euro Slips Off Near-Term Highs Against Major Rivals 9 Oct 2008 20:41 GMT
    ... Icelandic Financial Supervisory Authority took control of the nation's largest bank on Thursday. Meanwhile, Bank of Spain Governor Miguel Angel Fernandez Ordonez confirmed that the ECB's decision Wednesday to cut interest ...

  • UPDATE 1-Spain banks must act against bad loans-Ordonez 9 Oct 2008 19:15 GMT
    ... challenges which have to be met quickly," Ordonez, who is also governor of the Bank of Spain, said at a conference. The rise in bad debts following the end of Spain's ...

  • ECB's Ordonez calls on Spain banks to trim costs 9 Oct 2008 18:59 GMT
    ... challenges which have to be met quickly," Ordonez, who is also governor of the Bank of Spain, said at a conference. The rise in bad debts following the end of Spain's ...

  • DIARY - Spain to 9 November 9 Oct 2008 18:41 GMT
    ... Confederation of Savings Banks. European Economic Affairs commissioner Joaquin Almunia and governor of the Bank of Spain Miguel Angel Fernandez Ordonez also participate in the event.- 0730 GMT THURSDAY, OCTOBER 23 ...

  • US, Spain Bail Out Banks 9 Oct 2008 16:41 GMT
    ... crippled banks in the US, UK and Germany. But now the central bank, the Bank of Spain has said for the first time that the country's banks could be forced into ...

  • Spain fund won't avoid bank consolidation-analysts 9 Oct 2008 02:57 GMT
    ... of 2008," it said in a note. LIQUID ASSETS Still, ECB council member and Bank of Spain Governor Miguel Angel Fernandez Ordonez said on Tuesday mergers were likely. Spain's top two ...

  • Government measures in Spain to tackle economic cr... 8 Oct 2008 21:32 GMT
    ... the Economy who was attending a summit meeting in Luxembourg. The governor of the Bank of Spain, Miguel Ángel Fernández, was also absent as well as the president of Santander bank ...

  • UPDATE 4-Spain to boost deposit guarantee, create fund 8 Oct 2008 01:18 GMT
    ... spared the havoc wreaked on banks in the United States or Britain. But the Bank of Spain said on Tuesday that banks could be forced into mergers, and analysts say smaller ...


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IMF

IMF And World Bank Convene [12 Oct 2008 - 16:49]
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