Spain’s banks need €10bn more provisions


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Financial Times
FT Exclusive
Thursday May 23 2013
Spain's banks need €10bn more provisions
Spanish banks will need to put aside extra provisions of up to €10bn to cover loans that borrowers will struggle to repay, according to an internal estimate by the Bank of Spain
http://link.ft.com/r/LVA6WW/YG4QVM/V1W98Z/FK59WR/ULXFYK/T3/h?a1=2013&a2=5&a3=23
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