finally it's friday!, page-49

Treggs - nice charts.

Spanish Banks Are So Desperate For Funding They're Offering 5% Interest On Deposits

This chart from Societe Generale shows just how tiny they problem of Ireland is in comparison Spain. Its largest banks, Santander and BBVA, dwarf Ireland's. Now banks in Spain are offering as much as 5% interest on deposits, in an effort to backstop their positions.
2011 and 2012 look to be particularly difficult years in terms of funding needs for these banks. If they come calling for support from Spain, the eurozone bailout fund, as it stands, will likely not have enough funds to provide help.


Read more: http://www.businessinsider.com/spanish-banks-are-so-desperate-for-funding-theyr-2010-11#ixzz16b6cQloE