Linde: Spanish banks have ‘solid solvency position’

Luis M Linde
Luis Linde

Luis Linde, governor of Bank of Spain, has said Spanish banks face the future with "strong balance sheets and a solid solvency position", as demonstrated by the recent stress tests conducted by the European Central Bank (ECB).

In a statement today (November 19) during his appearance at the Spanish senate to discuss the State Budget for 2015, Linde discussed the Single Supervisory Mechanism, recalling that 15 Spanish entities – falling to 14 when the integration of Catalunya Bank and BBVA is

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