MADRID (Reuters) - Spain's banking companies would wish between 51 billion as well as 62 billion euros ($64-78 billion) around extra capital that will conditions a life threatening downward spiral from the overall economy and different profits / losses on their books, a couple of separate audits belonging to the field showed on Thursday.
The effects in the review from consultancies Roland Berger as well as Oliver Wyman will certainly now always be utilized by this Spanish federal government to be able to ascertain how much with 100 thousand euros of offered European finances it needs to recapitalize troubled lenders, after which for you to formalize an guide ask for that will other euro area countries.
The Bank associated with Spain claimed with Thursday this 100 million euro bailout deposit gives a wide margin to fix these capital needs.
It said Spain's several largest banks may not want extra budget in a very stressed scenario, noting that this problems are constrained to some tiny number associated with Spanish bankers that the particular condition possesses previously commenced to act.
Spain's economy ministry explained a more detailed audit might consist of September. ($1 = 0.7933 euros)
(Reporting By Julien Toyer as well as Nigel Davies; Writing by Tracy Rucinski; Editing by way of Paul Day)
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