Bank of Spain presents annual report on regulation

The Bank of Spain presented its annual report on its regulatory activities on Thursday.

Source: Expansion

Yesterday, for the second consecutive year, the Bank of Spain presented its annual report on its regulatory activities. According to the report, in 2002 the central bank made 466 demands and recommendations regarding the activity of banks.

Of the demands, 167 were related to the credit risks. They concern the reclassification of loans from normal to dubious, the increase in provisions and th

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