01726cas a2200241 a 4500 AALejournalIMF009085 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451812176 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Spain : Financial Sector Assessment Program; Technical Note; Nonfinancial Equity Investments of Spanish Credit Institutions. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (19 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This note assesses the risk profile of the nonfinancial equity investments of Spanish credit institutions (CIs), based on a market-risk approach. It assesses the main features of the situation and indicates the problems of CIs' nonfinancial equity investments. It presents the evolution of nonfinancial equity investments, and their importance for the economy. It analyzes using the value-at-risk (VaR) approach and recommends enhancing of risk management practices and surveillance with regard to CIs with a significant nonfinancial equity investment, and encourages those CIs to adopt the market-based approach. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/214 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/214/002.2006.issue-214-en.xml IMF e-Library