The candidate proposed by the Government to preside over the Frob, Paula Conthe, believes that the new round of mergers announced in the banking sector will not lead to a worrying increase in financial concentration and rules out that it will worsen exclusion in some provinces of the country. “The duplication of offices and closures […]
Tag: Fund for Orderly Bank Restructuring
Calviño takes over from Ponce in the Frob and appoints Paula Conthe as new president
The Government has launched the procedure for the election of a new president of the Fund for Orderly Bank Restructuring (FROB), position for which the Director of Resolution in the FROB has been proposed, Paula Conthe, who will replace Jaime Ponce. According to current regulations, the president of the FROB is appointed by the Council […]