Global Trade Alert
Global Trade Alert

Spain: Recapitalisation of Banco Mare Nostrum

Announcement

29 Jun 2010

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Jun 2010

Revocation date:

No revocation date

Updated: 29 Jun 2010
Capital injection and equity stakes (including bailouts) In force

On 29 June 2010, Banco Mare Nostrum (BMN) was established as the result of a merger of four saving banks, namely: Caja Murcia, Caja Penedčs, Caja Granada and Sa Nostra. BMNs market share at a ...

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