Spain : the reform of Spanish savings banks technical notes

• Record Nr.: UNINA9910814977603321
• Pubbl/distr/stampa: Washington, D.C., : International Monetary Fund, c2012
• ISBN: 1-4755-0707-0; 1-4755-8776-7
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (35 p.)
• Collana: IMF country report ; ; 12/141
• Disciplina: 332.1/52
• Soggetti: Banks and banking - Spain; Spain Economic conditions
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Cover; Contents; Glossary; A; B; C; F; L; M; N; R; S; Executive Summary; Table; 1. Main Recommendations; The Reform of the Spanish Savings Banks; I. Spanish Savings Banks Before the Reform: A Brief Overview; II. From Boom to Crisis; Figures; 1. Savings Vs. Commercial Banks, 1980-2010; III. From Savings Banks to (Indirect) Commercial Banks; IV. Reforms Achievements; 2. Spanish Savings Banks' Integration Process; 3. Spanish Savings Banks' Market Shares; 4. Spanish Savings Banks: Ownership Structure and Participation in Newly Created Commercial Banks; V. Toward a New Role for Spanish Savings BanksBox; 1. Stakeholders' Complex Objectives in Corporate Governance: International Practices and Countries' Experiences; References
• Sommario/riassunto: This technical note assesses the reform of Spanish savings banks (SSBs). It provides a brief overview of the SSB institutional framework before the reform, and describes the main factors that led to the financial distress, albeit uneven, of the SSB sector. The note outlines major regulatory and institutional reforms of SSBs. It evaluates the main achievements of the reforms to date, and also considers improvements to the current framework and potential developments in the SSB institutional framework.