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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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Tags: • spanish banks • liquidity • real estate market • - Permalink
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news Smaller Spanish banks may face liquidity problems

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