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FROB FAQ

FROB FAQ

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Published by zerohedge

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Published by: zerohedge on Jun 09, 2012
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07/10/2013

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1
Fund for Orderly BankRestructuring
 
(FROB)
April 2012
 
2
p. 23p. 3
Table of Contents
1245
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.
3
Restructuring processes for non-viable entitiesp. 16
Annex I. FROB’s procedures
 
p. 29
 
3
1. The FROB: objectives, functions andcharacteristics.

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