Spain; Safety Net, Bank Resolution, and Crisis Management Framework: Technical Note

This technical note examines the safety net, bank resolution, and crisis management framework in Spain. The financial safety net architecture for the banking sector comprises the Banco de España (BdE), the Fondo de Garantía de Depósitos (FGD), and the Fondo de Reestructuración Ordenada Bancaria (FROB). The note discusses that institutional roles and instruments of the FROB and the FGD need to be realigned. Given the current crisis, authorities should make it a key priority to promptly improve the tools to resolve banks in line with recent international practices.

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Year of publication:	2012-06-11
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Bank resolution \| Banks \| Financial safety nets \| Financial Sector Assessment Program \| Liquidity management \| Risk management \| banking \| deposit insurance \| financial stability \| financial safety net \| financial sector \| liquidity support \| banking industry \| recapitalization \| banking sector \| bankers \| savings bank \| bonds \| financial institutions \| problem bank \| financial system \| moral hazard \| banks ? balance sheet \| bank interventions \| capital adequacy \| financial services \| asset management company \| deposit guarantee \| bank group \| deposit insurance scheme \| banking supervisor \| convertible bonds \| bank license \| bank depositors \| financial market \| banking system \| bank assets \| problem loan \| banking services \| bank capital \| loan concentration \| bankrupt \| banking activities \| treasury bonds \| bank liquidation \| banking business \| bank management \| bank business \| bank officials \| bank subsidiaries \| bankers association \| interbank market \| bank assistance \| bank liquidity \| bank borrowing \| capital adequacy ratio \| subordinated debt \| bank shareholders \| bank funding \| holding company \| banking institutions \| nonperforming loan \| bank structure \| bank issues \| senior bonds \| central banking \| consolidated supervision \| bank crisis

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 12/145 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243960