Linde: Spanish banks have ‘solid solvency position’
ECB stress tests analysed 15 Spanish banks
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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