MODIFICACIONAUTORES
The importance of foreign banks in financing the Spanish economy
Two major economic imbalances in Spain are the size of its negative financial position versus the rest of the world and its high level of external debt. A large part of Spain’s financing comes from banks in third countries and the effects of the crisis have led to increased capital
flight.
The specialisation of the Spanish banking sector: Building on original strengths, while adapting to a more challenging environment
The Spanish economy and in particular the banking sector have undergone an intense period of transformation driven by European integration, economic boom, and the financial crisis itself.
Measuring the resilience of the Spanish banking sector: The impact of the crisis
The crisis has had a severe impact on the international and Spanish financial sector. Although the Spanish financial sector has been initially more resilient to the crisis than its European counterparts, additional challenges are growing.