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Wednesday, 17 October 2012 20:49

Bank of Spain Stress Tests 2012 - Phase Two: Clean-Up, Recapitalization& Restructuring of the Spanish Banking System

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28 September 2012

INFORMATION NOTE - Directorate-General for International Economic Relations

Deputy Directorate-General for Economic Diplomacy

Executive  Summary

On Friday 28 September, the Bank of Spain published the individual outcomes (credit portfolio of the private resident sector) of Phase Two of the Stress Tests carried out by Oliver Wyman, in collaboration with Deloitte, KPMG, PwC and Ernst & Young (coordinated by BCG) and six real estate valuation firms, closely supervised by the European Commission, the European Central Bank (ECB), the European Banking Authority (EBA), the International Monetary Fund (IMF), Spain's Fund for Orderly Bank Restructuring (FROB) and the Spanish Ministry of Economy and Competitiveness.

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Last modified on Wednesday, 17 October 2012 21:18
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