-crisis imbalances. The economy may face decline, but financial markets have significantly improved. Financing from banks is a major … Executive Board welcomes this development of Spain's financial sector. …

further restructuring and recapitalization of some of the remaining weaker banks may be needed as a result of deteriorating …This report summarizes the findings of the Financial Sector Assessment Program (FSAP) Update for Spain. Although there … is a core of strong banks that are well managed and appear resilient to further shocks, vulnerabilities remain …

, with credit contraction accelerating, lending standards tightening, and lending rates to firms rising. Actions taken by the …

on in the future. Banking sector problems in Russia, Turkey, and a few Latin American countries occurred within the …

reviews the modernization of the banking sector and the development of competition within the sector, development of financial …

are explained in terms of financial system vulnerability and the banking system. Financial soundness indicators (FSIs …) prove the stability of the banking system. A stress test was conducted with the Bundesbank. The insurance sector also had a …