Nervous with the 'stress-test' of banks and savings banks

zimijuthijannat

The entities cry out privately against the Bank of Spain for discrimination with respect to European entities The governor of the Bank of Spain, Miguel Ángel Fernández Ordóñez, will star this Friday afternoon in an informative appearance at the same time that the banking stress tests will be published. And the sector does not trust what it is going to do. According to financial sources, consulted by El Confidencial Digital , it is expected that it will defend the Spanish entities, harmed by the EBA not accepting the countercyclical provisions by not considering them capital, but it is not clear that it will do so, given the nervousness that exists in the sector. This discrimination, which does not affect the rest of Europe, since the European entities did not make these forecasts, has the Spanish entities, especially the savings banks, upset. They are harmed for being far-sighted , and the Bank of Spain is in a worse place for having imposed them “uselessly.

Some banks, such as Banco Pastor , have published in the last few hours that they more than cover the capital requirements of the EBA , just in case. But the banks are shaking, because, in addition to the four suspended last year, some more could fall and even a new bank. The stress tests are a litmus test for Spain and its credibility , while UK Mobile Number List sovereign debt and the risk premium walk towards the precipice. And also for the authority of the Government and the Bank of Spain, since it would demonstrate that they have no weight in Europe. A health and preventive measure, which defended Spain's banking solvency at the beginning of the crisis, now turns out that, due to the homogeneity in the analysis (generic countercyclical provisions for possible crises were not applied in Europe), it would have harmed Spain.



This request from Elena Salgado to the presidents of the large Spanish banks, both economically and in support of the success of Bankia's operation, occurs in the midst of a campaign of attacks on banking by some heavyweights of the Executive, such as Alfredo Pérez Rubalcaba , Valeriano Gómez or José Blanco . Doubts about Florentino, Entrecanales and Sánchez Galán Other major business leaders still do not take a position on the issue. This is the case of the presidents of ACS , Acciona or Iberdrola . According to the sources consulted, Florentino Pérez, José Manuel Entrecanales and Ignacio Sánchez Galán are now among the undecided members of the 'VIP businessmen club' . Your doubt is based on the following argument. They know that, in a few months, the regulations of a new PP Government will influence their companies and they are cautious. But, on the other hand, they also do not want to 'betray' Zapatero at the last moment , with whom they maintain a certain complicity .They have extensive international experience .