Global Trade Alert
Global Trade Alert

Spain: Recapitalisation of UNNIM Banc

Announcement

26 Mar 2010

In March 2010, the government of Spain announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

26 Mar 2010

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 26 March 2010, Spain informed the EC about the involvement of FROB (Fondo de RestructuraciĆ³n Ordenada Bancaria) in the UNNIM banc. UNNIM is a merger of three saving banks, namely: Caixa d'Estalvis ...

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