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news Smaller Spanish banks may face liquidity problems; Spanish Property Trader Blog
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Smaller Spanish banks may face liquidity problems

09/18/08 23:21
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.

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