Bank of Spain presents annual report on regulation
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 the
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