p. 23p. 3
Table of Contents
p. 20p. 8p. 26The FROB: objectives, functions and characteristicsThe reform of the Spanish banking system.
Phase one: consolidation in the savings bank sector
Phase two: solvency improvement
Phase three: clean up of balance sheets
Securities issued by the FROB
Annex II. Summary of processes and supports granted
Financial structure of the FROB.
Restructuring processes for non-viable entitiesp. 16
Annex I. FROB’s procedures