Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Bank of Spain's Roldan : "Cajas to turn into Banks"

Source: Reuters - Mon 20th Jun 2011

All of Spain's cajas, or savings banks, are to be transformed into banks, and there is likely to be consolidation in the sector, the Bank of Spain's head of financial regulation told a conference on Friday.

"The cajas will become owners of a commercial bank and will have external shareholders," Jose Maria Roldan said, adding that the consolidation would likely take place at the commercial banking level.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs