Spanish banks face savings price war

Author (Person) ,
Series Title
Series Details 13.4.10
Publication Date 13/04/2010
Content Type

Article reports that a price war for deposits between Spanish lenders could be the catalyst for mass failure of the country's struggling savings bank system, according to bankers and analysts, April 2010. Troubles for the regional savings banks, or cajas, may even trigger sovereign debt problems in the eurozone's fourth-biggest economy.

Related Links
ESO: Background information: Madrid push for faster bank consolidation http://www.europeansources.info/record/madrid-push-for-faster-bank-consolidation/

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