1.

Record Nr.

UNINA9910954027803321

Titolo

Spain : : The Reform of Spanish Savings Banks Technical Notes

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

9781475507072

1475507070

9781475587760

1475587767

Edizione

[1st ed.]

Descrizione fisica

1 online resource (35 p.)

Collana

IMF Staff Country Reports

Disciplina

332.1/52

Soggetti

Banks and banking - Spain

Banking

Banks and Banking

Banks and banking

Banks

Commercial banks

Corporate Finance and Governance: Government Policy and Regulation

Corporate Governance

Corporate governance

Credit

Depository Institutions

Economic sectors

Finance

Finance: General

Financial institutions

Financial sector policy and analysis

Financial sector stability

Financial services industry

General Financial Markets: Government Policy and Regulation

Legal support in revenue administration

Micro Finance Institutions

Monetary economics

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Money and Monetary Policy

Money

Mortgages

Public finance & taxation



Public Finance

Revenue administration

Revenue

Role & responsibilities of boards & directors

Taxation, Subsidies, and Revenue: General

Spain Economic conditions

Spain

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.