MADRID, March 21 (Reuters) - The Spanish banks are
resilient and have strong capital and liquidity positions, Bank
of Spain Governor Pablo Hernandez de Cos said in an interview to
newspaper Expansion, released on Tuesday.
"The Spanish banking sector is resilient and has strong
capital and liquidity positions," De Cos told Spanish newspaper
Expansion in an interview.
"In fact, due to the retail-oriented commercial banking
business model, which is the majority in our financial system,
the Spanish banking sector has shown remarkable results in the
last year," De Cos said.
The interview comes following UBS group's state-backed
takeover of Credit Suisse.
(Reporting by Jesús Aguado; editing by Inti Landauro)
Messaging: Reuters Messaging:
jesus.aguado.reuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.