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'Smaller Spanish banks may face liquidity problems'




Smaller Spanish banks may face liquidity problems

By Website Introductions at 09/18/08 20:21
Due to lack of capital, the smaller Spanish banks may face a liquidity drought. This is because most of their wealth and assets are locked-up up in the real estate market, which is now facing a downturn in the country.

On the brighter side, the larger Spanish banks are still safe and sound.

Link: Business Feed Article | Business | guardian.co.uk

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