The big banks will have to expand capital if the market is normalized

The capital increase made recently by the Banco Santander was the first of "many", as explained in charge of Equity Investment and Atlas Capital, Ignacio Cantos. According to the expert, in 2009 virtually all major banks have sought to resort to such operations in search of liquidity to the increase in delinquencies.

Songs for the large consumption of capital they have to assume due to the increase in arrears and the recommendations of payments from companies or individuals are among the reasons that could lead to the entities to make this decision. Last week, Citi predicted that several European banks will carry out further capital increases as you near "the worst" of recession.

The financial group which is chaired by Emilio Botín announced on November 10 raising capital by more than 7190 million euros, the third biggest enlargement ever, with the issuance of 1598.81 million new ordinary shares, to strengthen his creditworthiness . The chairman of the entity, Emilio Botín, said he was "very satisfied" with the outcome of the operation and stressed that shows "confidence and strength that offer the economy and the Spanish financial system."