Compartir: 

This document provides a preliminary assessment for Spain of the trans- ition costs arising from the adjustment to the new solvency and liquidity regulation of banks proposed by the Basel Committee of Banking Supervision on 17/12/2009. Based on publicly available data, we estimate the shortfall of core capital for the Spanish banking system and the need for additional liquidity. We discuss several corrective actions that credit institutions could take to adapt to these new requirements, as well as their implications for outstanding credit and GDP levels under three di¤erent scenarios of market openness and length of the transition period.

Compartir: