Skip to main content

ECB approves resolution of Spanish bank

Santander set to raise €7 billion to cover capital shortfall at Banco Popular Español

ecb-newhq-march2015
The ECB HQ

The European Central Bank and the Single Resolution Board (SRB) approved the sale of a Spanish commercial bank on the grounds that it was “failing or likely to fail”, the institutions announced today (June 7).

The ECB said it had referred Banco Popular Español to the SRB, the eurozone body with responsibility for resolving banks in danger of failure. The SRB had then “adopted a resolution scheme entailing the sale of Banco Popular Español S.A. to Banco Santander S.A.”

Santander said it had

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.