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La caída de las cajas de ahorros españolas. Cuestión de rentabilidad, tamaño y estructura de propiedad*/The Fall of Spanish Savings Banks. Question of Profitability, Size and Ownership Structure

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  • CLIMENT SERRANO, SALVADOR

    () (Departamento de Análisis Económico, UNIVERSIDAD DE VALENCIA, ESPAÑA.)

Abstract

En España entre 2010 y 2011 se ha producido una gran restructuración financiera, que ha llevado a la práctica desa¬parición de las Cajas de Ahorros mediante fusiones y posterior cambio de estructura de la propiedad convirtiéndose en bancos. Esta gran restructuración ha sido promovida por el Banco de España, como salida para que las entidades financieras subsistieran a la crisis que les afectaba. Este trabajo analiza los bancos y cajas del sistema financiero español durante los cuatro años previos al comienzo de la reestructuración financiera del 2010. El objetivo es comprobar si existen diferencias en cuanto a rentabilidad por causas de tamaño y tipo de gobierno de la entidad (cajas de ahorros, bancos). Los resultados muestran que el incre¬mento de tamaño y la bancarización auspiciadas por el Banco de España es una estrategia adecuada para resolver la actual crisis financiera. In Spain between 2010 and 2011 there has been a major financial restructuring, which has led to the virtual disap¬pearance of savings banks through mergers and subsequent change in ownership structure becoming banks. This major restructuring has been promoted by the Bank of Spain, as an outlet for that financial institutions subsisted to the crisis that affected them. This paper analyzes the banks and savings banks the Spanish financial system during the four years prior to the beginning given the financial restructuring of 2010. The aim is to check whether there are differences in profitability for reasons of size and form of ownership of the entity (savings banks, banks). The results show that the increase in size and bankarization under the auspices by the Bank of Spain is an appropriate strategy for resolving the current financial crisis.

Suggested Citation

  • Climent Serrano, Salvador, 2012. "La caída de las cajas de ahorros españolas. Cuestión de rentabilidad, tamaño y estructura de propiedad*/The Fall of Spanish Savings Banks. Question of Profitability, Size and Ownership Structure," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 30, pages 759(26)-759, Agosto.
  • Handle: RePEc:lrk:eeaart:30_2_22
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    Keywords

    Cajas de ahorro; bancos; rentabilidad; fusiones ; Savings Banks; Banks; Profitability; Mergers.;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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