Cajas to get nod to sell up to 50% of equity

Author (Person)
Series Title
Series Details 9.7.10
Publication Date 09/07/2010
Content Type

Spain’s troubled savings and loans banks will be able to sell up to 50% of their equity to private investors under a package of sweeping reforms launched in July 2010 aimed at bolstering the institutions that have been the focus of recent investor worries over the financial health of the country.

Related Links
ESO: Background information: Crisis adds impetus to Spain’s reform push http://www.europeansources.info/record/crisis-adds-impetus-to-spains-reform-push/

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