Need for Spanish banks in dopkapitale of 90 billion euros

Analysts International rating agency Moody's Investors Service assesses the needs of Spanish banks for additional capital of 90 billion euro, reports Bloomberg. The amount is calculated based on the scenario "that the rate of capital adequacy of banks Spain need to be increased to 12%. "Given the situation in Ireland, where the banks should be to capitalize much more strongly to the Tier 1 rate reached 12%, we conducted a stress test to see what it will mean in the context of Spain - what happens if the Spanish banks will have to significantly to raise capital to maintain its credibility, "- said Moody's analyst Catherine Myulbrenner. Two days ago the head of the Bank of Spain Ordones Fernandez said that the country's banks do not require additional funds, other than previously allocated 11 billion euros, as investor perceptions of the situation in the industry were "significantly worse than the real situation." Currently in Spain, a special fund volume 90 bln euros to encourage mergers in the banking industry in the country, as well as emergency funding requirements of lending institutions for additional capital. Source: bankir.ru