Presenting a critical assessment of the restructuring of the Spanish banking sector, in addition to anticipating what might come next for the sector and its remaining challenges. This is the goal of the 4th Conference on the Spanish banking sector organized by Ivie on Thursday 28 February at the University-Business Foundation ADEIT.
The event, coordinated by Joaquin Maudos, Professor of Economic Analysis of the University of Valencia and "Ivie" researcher, takes place in a context marked by the deleveraging of the economy, the regulatory changes (with higher capital requirements and liquidity), the delicate macroeconomic context, the construction of the Union Bank and the conditions imposed by the MoU.
From University to study services, through employers
The day will feature presentations by various banking specialists belonging to various institutions such as universities, consultants, research services, business schools, as well as banking employers.
The restructuring of the Spanish banking sector will be assessed by the Professor of Economic Analysis of the University of Valencia, Ivie researcher and
CUNEF
collaborator Joaquin Maudos, Professor of IE Business School, Fernando Fernández and Secretary General of the Spanish Banking Association (AEB), Pedro Pablo Villasante.
A second part of the day, dedicated to the future of the industry, will feature presentations by Professor of Economics at the University of Bangor, Funcas and Ivie researcher, Santiago Carbo, chief economist at BBVA Financial System Research, Santiago Fernandez de Lis, CEO and partner of International Financial Analyst (Afi), Daniel Manzano.
Context
The Spanish banking sector has undergone profound changes in recent years as a result of the responses we have had to take to address the impact of the crisis. Since the crisis erupted more than five years ago more than a dozen laws have been passed, affecting the regulation of the banking sector, with such important measures as the approval of the FROB, the change in the law of the "cajas" savings banks, the RDL of strengthening the financial system, the sanitation RDL estate exposure, etc.. The recapitalization needs identified in the stress tests carried out in 2012 forced the government to seek financial assistance on the European rescue fund, injecting around 40,000 million euros of capital. Given the intensity of the crisis, one part of the sector has been nationalized and some entities have been auditing, amounting to 5.3% of GDP total public aid. The demands of the memorandum of understanding (MoU) associated with the bank bailout marked the road map to follow in recent months (such as the creation of Sareb reform and savings banks), which will condition the immediate future of the Spanish banking sector.
The conference will run from 9:15 to 14:00 in ADEIT (Plaza Virgen de la Paz, 3 - Valencia). Admission is free and attendance must be confirmed in a form available on the website of Ivie.
Learn more by clicking here.
Last update: 28 de february de 2013 08:00.
News release
