Relevant:
- Bank Chief Steps Down as Spain Considers Rescue
- Commercial Loans to Bear Brunt of Future US Bank Losses
- Banks Under-reserving for Commercial Real Estate Losses
- Spanish Savings Banks May Be Concealing Mortgage Losses, CreditSights Says
- Banking on more trouble: Local banks fear housing, credit crunch to last a year
2012-05-21 — telegraph.co.uk
Taking guidelines from how badly Ireland's banks were hit in its financial crisis, economists at the global banking institute said they expect the losses to be in the range of between €216 and €260bn.
...
"The bulk of the losses would be generated by the commercial real estate loan portfolio, which is concentrated in the cajas," the Spanish savings and loan banks, it said.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.