June 20 - Fitch Ratings is hosting a teleconference on Thursday, 21 June
2012 at 16:00 BST to discuss its recent special report, "Revised Estimates for
Spanish Banks' Domestic Loans Losses".
In summary, Fitch estimates a capital shortfall for the domestic loan portfolio
of Spanish banks of between EUR50bn to EUR60bn under a new base case and from
EUR90bn to EUR100bn under a revised Irish stress scenario.
This report follows Fitch's comment on 7 June 2012, "Fitch: New Base Case
Indicates Spanish Banks Need EUR50bn to EUR60bn Capital".
Carmen Munoz, Senior Director, and Maria Jose Lockerbie, Managing Director in
Fitch's Financial Institutions group will speak on the call.
Participants can email any questions in advance of the teleconference to
Participants can register for the call in advance using this link: