西班牙银行业重组实践及启示

Spanish banking industry restructuring and reflections

次贷危机爆发后，西班牙银行业特别是储蓄银行损失惨重。文章分析了西班牙从整顿储蓄银行到逐步重组本国银行体系的过程及其成效，认为西班牙政府通过“注资”和“剥离房地产不良贷款”，使国内银行体系弹性明显增强。但重组也加重了财政负担，抑制了贷款投放，对经济增长造成了不利影响。尽管西班牙银行重组仍存在一些问题，但不少经验值得借鉴。

Since the outset of the subprime crisis, Spanish banking sector, especially savings banks, suffered from big losses. To this end, Spanish government began to consolidate saving banks, and gradually restructured its banking system. The article analyzes the process and its effectiveness, and considers that through capital injection and non-performing real estate loans stripping, Spanish banking system became more flexible and resilient. But banking restructuring increased fiscal burden, suppressed banking lending and ultimately impacted adversely on economic growth. Despite such flaws, we can still learn from the experience of Spanish banking restructuring.