1 / 1

Spain Outlook: Focus on Banking

C/ Españoleto , 19 28010 Madrid www.afi.es Tel .: +34 91 520 01 00 Fax:+34 91 52 0 01 21. Spain Outlook: Focus on Banking. April 25th 2013 9:00-11:00 am Institute of Directors ( IoD ) 116 Pall Mall , SW1Y 5ED, London. Programme : 08:30-09:00 am - Registration

rane
Download Presentation

Spain Outlook: Focus on Banking

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. C/ Españoleto, 19 28010 Madrid www.afi.es Tel.: +34 91 520 01 00 Fax:+34 91 520 01 21 Spain Outlook: FocusonBanking April 25th 2013 9:00-11:00 am Institute of Directors (IoD) 116 PallMall, SW1Y 5ED, London • Programme: • 08:30-09:00 am - Registration • 09:00-09:30 am - The Economy • Macrooutlook & risks going forward • 09:30-10:45 am - The Banking System • Banks recapitalization & bail-in • Sareb: will it work? • Balance sheet and profitability trends. • Is there need for more capital? • More provisioning requirements coming? • 10:45-11:15 am - Opportunities • Bank deleveraging & asset sales • Public sector • Other (structured credit, etc.) Since the Summer of 2012, the restructuring calendar MoU has shaped the evolution of the Spanish banking system. Banks recapitalization has been carried out through a combination of burden sharing exercises, asset transfers to SAREB and injection of public or private funds. The economic performance of Spain is still sub-par, and subject to downside risks. Due to this weak economic landscape, doubts remain about the potential future needs for more capital at Spanish banks. The return to profitability for most banks is still elusive, and subject to downside risks. In this context, the need for deleveraging at banks is clear, a fact that will accelerate asset sales over H213 and 2014. Tea and coffee will be served. Places are limited. If you would like to attend, please RSVP to Jose Manuel Amor (jamor@afi.es) or Ana María Santos (asantos@afi.es) or call the office on 0034 91 520.04.17.

More Related