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dir="ltr"><style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox"><caption class="infobox-title" style="font-size: 125%;"><b>FROB, Spanish Executive Resolution Authority</b></caption><tbody><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><a href="/wiki/File:FROB_logo.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b1/FROB_logo.png/200px-FROB_logo.png" decoding="async" width="200" height="60" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/b/b1/FROB_logo.png 1.5x" data-file-width="211" data-file-height="63" /></a></span></td></tr><tr><td colspan="2" class="infobox-full-data"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Madrid_FROB.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/a1/Madrid_FROB.jpg/220px-Madrid_FROB.jpg" decoding="async" width="220" height="218" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/a1/Madrid_FROB.jpg/330px-Madrid_FROB.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/a1/Madrid_FROB.jpg/440px-Madrid_FROB.jpg 2x" data-file-width="3024" data-file-height="3000" /></a></span><br />Masters 2 Building in the <a href="/wiki/AZCA" title="AZCA">AZCA</a> development of Madrid, head office of the FROB</td></tr><tr><th colspan="2" class="infobox-header" style="background-color: #efefef">Agency overview</th></tr><tr><th scope="row" class="infobox-label">Formed</th><td class="infobox-data">June 27, 2009<span class="noprint">; 15 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">2009-06-27</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Jurisdiction</th><td class="infobox-data"><a href="/wiki/Spain" title="Spain">Spain</a></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data">Avda. General Perón, 38 <br /> <a href="/wiki/Madrid" title="Madrid">Madrid</a>, <a href="/wiki/Spain" title="Spain">Spain</a></td></tr><tr><th scope="row" class="infobox-label">Agency executive</th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li style="text-indent: -1em; padding-left: 1em;">Chair, Álvaro López Barceló</li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Parent agency</th><td class="infobox-data"><a href="/wiki/Ministry_of_Economy_(Spain)" title="Ministry of Economy (Spain)">Ministry of Economy, Trade and Enterprise</a></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><a rel="nofollow" class="external text" href="http://www.frob.es/es/Paginas/Home.aspx">www.frob.es</a></td></tr></tbody></table> <p><b>FROB, the Spanish Executive Resolution Authority</b> (formerly known as Fund for Orderly Bank Restructuring)<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> is an entity of the <a href="/wiki/Spanish_government" class="mw-redirect" title="Spanish government">Spanish government</a> that manages the resolution processes of credit institutions and investment firms in their executive phase in <a href="/wiki/Spain" title="Spain">Spain</a>. </p><p>FROB was created in 2009 as a result of the financial crisis. Initially, its aim was to increase the strength and solvency of the Spanish banking system by means of two essential functions at that time: managing the restructuring processes of credit institutions and helping to strengthen their own funds. </p><p>Today, and since the approval of Law 11/2015,<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> FROB is the Spanish Executive Resolution Authority, financed exclusively with private contributions from banks and which is integrated into the European network of authorities led by the Single Resolution Board (<a href="/wiki/Single_Resolution_Board" title="Single Resolution Board">SRB</a>). </p><p>Law 11/2015 set up a new institutional framework in order to comply with the principles set out in Resolution Directive 2014/59/EU<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> to separate supervisory and resolution functions and led to a transformation in the organisational structure, governance and functions of FROB. </p><p>From an operational perspective, in this new stage, FROB continues to be responsible for completion of the restructuring process in progress, which nowadays basically includes monitoring the holdings in BFA-<a href="/wiki/Bankia" title="Bankia">Bankia</a>  and <a href="/wiki/SAREB" class="mw-redirect" title="SAREB">Sareb</a>, as well as the guarantees granted in previous sale processes. However, this activity coexists with its new functions as executive resolution authority within the European <a href="/wiki/Single_Resolution_Mechanism" title="Single Resolution Mechanism">SRM</a> and cooperating with other Spanish preventive authorities (<a href="/wiki/Bank_of_Spain" title="Bank of Spain">Bank of Spain</a> and the National Securities Market Commission, <a href="/wiki/Comisi%C3%B3n_Nacional_del_Mercado_de_Valores" class="mw-redirect" title="Comisión Nacional del Mercado de Valores">CNMV</a>), within Spain’s institutional framework. </p><p>The <a href="/wiki/Single_Resolution_Mechanism" title="Single Resolution Mechanism">SRM</a>  is a centralised resolution system made up of the national resolution authorities and a single authority - the Single Resolution Board (<a href="/wiki/Single_Resolution_Board" title="Single Resolution Board">SRB</a>) - the European agency to which many of the powers of the Member States in matters of resolution were transferred. These authorities are joined by the European Central Bank (ECB), the European Commission and the Council in the terms established in the <a href="/wiki/Single_Resolution_Mechanism" title="Single Resolution Mechanism">SRM</a> Regulation. Similarly, the <a href="/wiki/Single_Resolution_Mechanism" title="Single Resolution Mechanism">SRM</a> has a Single Resolution Fund (SRF) <sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> that is raised and managed by the <a href="/wiki/Single_Resolution_Board" title="Single Resolution Board">SRB</a> with contributions from all the entities of the Banking Union to be used in the case of resolution. </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Fondo_de_Reestructuraci%C3%B3n_Ordenada_Bancaria&action=edit&section=1" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text">The legal name of FROB has been changed. If until entry into force of Law 11/2015, “FROB” was the acronym of Fondo de Reestructuración Ordenada Bancaria [Fund for Orderly Bank Restructuring], since then “FROB” has become the name given to the current Spanish Executive Resolution Authority, but now without any reference to the previous concept <style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20201022232101/https://www.frob.es/es/Documents/10a%C3%B1osdelFROB.pdf">"Informe "10 años del FROB 2009-2019. Una década por la estabilidad financiera"<span class="cs1-kern-right"></span>"</a> <span class="cs1-format">(PDF)</span>. Archived from <a rel="nofollow" class="external text" href="https://www.frob.es/es/Documents/10a%c3%b1osdelFROB.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 2020-10-22<span class="reference-accessdate">. Retrieved <span class="nowrap">2020-12-18</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Informe+%E2%80%9C10+a%C3%B1os+del+FROB+2009-2019.+Una+d%C3%A9cada+por+la+estabilidad+financiera%E2%80%9D&rft_id=https%3A%2F%2Fwww.frob.es%2Fes%2FDocuments%2F10a%25c3%25b1osdelFROB.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFondo+de+Reestructuraci%C3%B3n+Ordenada+Bancaria" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.boe.es/buscar/act.php?id=BOE-A-2015-6789">"Law 11/2015, of 18 June, on recovery and resolution of credit institutions and investment firms"<span class="cs1-kern-right"></span>"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Law+11%2F2015%2C+of+18+June%2C+on+recovery+and+resolution+of+credit+institutions+and+investment+firms%E2%80%9D&rft_id=https%3A%2F%2Fwww.boe.es%2Fbuscar%2Fact.php%3Fid%3DBOE-A-2015-6789&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFondo+de+Reestructuraci%C3%B3n+Ordenada+Bancaria" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014L0059&from=ES">"Directive 2014/59/UE of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Directive+2014%2F59%2FUE+of+the+European+Parliament+and+of+the+Council+of+15+May+2014+establishing+a+framework+for+the+recovery+and+resolution+of+credit+institutions+and+investment+firms&rft_id=https%3A%2F%2Feur-lex.europa.eu%2Flegal-content%2FEN%2FTXT%2FPDF%2F%3Furi%3DCELEX%3A32014L0059%26from%3DES&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFondo+de+Reestructuraci%C3%B3n+Ordenada+Bancaria" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014R0806&from=EN">"Regulation (EU) no 806/2014 of the European Parliament and of the Council of 15 July 2014, establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Regulation+%28EU%29+no+806%2F2014+of+the+European+Parliament+and+of+the+Council+of+15+July+2014%2C+establishing+uniform+rules+and+a+uniform+procedure+for+the+resolution+of+credit+institutions+and+certain+investment+firms+in+the+framework+of+a+Single+Resolution+Mechanism+and+a+Single+Resolution+Fund&rft_id=https%3A%2F%2Feur-lex.europa.eu%2Flegal-content%2FEN%2FTXT%2FPDF%2F%3Furi%3DCELEX%3A32014R0806%26from%3DEN&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFondo+de+Reestructuraci%C3%B3n+Ordenada+Bancaria" class="Z3988"></span> </span> </li> </ol></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Fondo_de_Reestructuraci%C3%B3n_Ordenada_Bancaria&action=edit&section=2" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://www.frob.es/en/Paginas/Home.aspx">Official website</a></li> <li><a rel="nofollow" class="external text" href="https://www.frob.es/es/Documents/2020_04_03%20Presentaci%C3%B3n%20corporativa%20ENG.pdf">Corporate presentation</a></li> <li><a rel="nofollow" class="external text" href="https://www.frob.es/en/Documents/10%20years%20of%20FROB_2009-2019.pdf">Report “10 years of FROB. A decade for financial stability” </a></li> <li><a rel="nofollow" class="external text" href="https://srb.europa.eu/">Single Resolution Board </a></li> <li><a rel="nofollow" class="external text" href="http://www.bfatenedoradeacciones.com/es/bfa/inicio">BFA Tenedora de acciones SAU</a></li> <li><a rel="nofollow" class="external text" href="https://www.sareb.es/en_US/">Sareb</a></li> <li><a rel="nofollow" class="external text" href="https://ec.europa.eu/info/business-economy-euro/banking-and-finance/banking-union/single-resolution-mechanism_en#:~:text=The%20single%20resolution%20mechanism%20(SRM)%20applies%20to%20banks%20covered%20by,pillar%20of%20the%20banking%20union.&text=The%20purpose%20of%20the%20SRM,and%20to%20the%20real%20economy.">Single Resolution Mechanism</a></li> <li><a rel="nofollow" class="external text" href="https://srb.europa.eu/en/content/single-resolution-fund">Single Resolution Fund</a></li> <li><a rel="nofollow" class="external text" href="https://www.bde.es/bde/en/secciones/informes/Otras_publicacio/informe-sobre-la/">Report on the Financial and Banking Crisis in Spain, 2008-2014, Bank of Spain.</a></li> <li><a rel="nofollow" class="external text" href="https://ec.europa.eu/info/business-economy-euro/banking-and-finance/financial-supervision-and-risk-management/managing-risks-banks-and-financial-institutions/bank-recovery-and-resolution_en">Bank recovery and Resolution, European Commission.</a></li></ul> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist 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(Spain)">Cabinet</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Prime_Minister_of_Spain" title="Prime Minister of Spain">President of the Government of Spain</a></li> <li><a href="/wiki/Deputy_Prime_Minister_of_Spain" title="Deputy Prime Minister of Spain">First Vice President of the Government of Spain</a></li> <li><a href="/wiki/Second_Deputy_Prime_Minister_of_Spain" title="Second Deputy Prime Minister of Spain">Second Vice President of the Government of Spain</a></li> <li><a href="/wiki/Third_Deputy_Prime_Minister_of_Spain" title="Third Deputy Prime Minister of Spain">Third Vice President of the Government of Spain</a></li> <li><a href="/wiki/Office_of_the_Prime_Minister_(Spain)" title="Office of the Prime Minister (Spain)">Office of the Prime Minister</a></li> <li><a href="/wiki/Ministry_of_Foreign_Affairs_(Spain)" title="Ministry of Foreign Affairs (Spain)">Minister of Foreign Affairs, European Union and Cooperation</a></li> <li><a href="/wiki/Ministry_of_the_Presidency,_Justice_and_Relations_with_the_Cortes" title="Ministry of the Presidency, Justice and Relations with the Cortes">Ministry of the Presidency, Justice and Relations with the Cortes</a></li> <li><a href="/wiki/Ministry_of_Defence_(Spain)" title="Ministry of Defence (Spain)">Ministry of Defence</a></li> <li><a href="/wiki/Ministry_of_Finance_(Spain)" title="Ministry of Finance (Spain)">Minister of Finance</a></li> <li><a href="/wiki/Ministry_of_the_Interior_(Spain)" title="Ministry of the Interior (Spain)">Ministry of the Interior</a></li> <li><a href="/wiki/Ministry_of_Development_(Spain)" title="Ministry of Development (Spain)">Minister of Transport and Sustainable Mobility</a></li> <li><a href="/wiki/Ministry_of_Education_(Spain)" title="Ministry of Education (Spain)">Minister of Education, Vocational Training and Sports</a></li> <li><a href="/wiki/Ministry_of_Labour_(Spain)" title="Ministry of Labour (Spain)">Minister of Labour and Social Economy</a></li> <li><a href="/wiki/Ministry_of_Industry_(Spain)" title="Ministry of Industry (Spain)">Minister of Industry and Tourism</a></li> <li><a href="/wiki/Ministry_of_Agriculture_(Spain)" title="Ministry of Agriculture (Spain)">Minister of Agriculture, Fisheries and Food</a></li> <li><a href="/wiki/Ministry_of_Territorial_Policy" title="Ministry of Territorial Policy">Minister of Territorial Policy and Democratic Memory</a></li> <li><a href="/wiki/Ministry_of_Environment_(Spain)" title="Ministry of Environment (Spain)">Minister for the Ecological Transition and the Demographic Challenge</a></li> <li><a href="/wiki/Ministry_of_Housing_(Spain)" title="Ministry of Housing (Spain)">Minister of Housing and Urban Agenda</a></li> <li><a href="/wiki/Ministry_of_Culture_(Spain)" title="Ministry of Culture (Spain)">Ministry of Culture</a></li> <li><a href="/wiki/Ministry_of_Economy_(Spain)" title="Ministry of Economy (Spain)">Minister of Economy, Trade and Business</a></li> <li><a href="/wiki/Ministry_of_Health_(Spain)" title="Ministry of Health (Spain)">Ministry of Health</a></li> <li><a href="/wiki/Ministry_of_Social_Affairs_(Spain)" title="Ministry of Social Affairs (Spain)">Minister of Social Rights, Consumer Affairs and 2030 Agenda</a></li> <li><a href="/wiki/Ministry_of_Science_(Spain)" title="Ministry of Science (Spain)">Minister of Science, Innovation and Universities</a></li> <li><a href="/wiki/Ministry_of_Equality_(Spain)" title="Ministry of Equality (Spain)">Ministry of Equality</a></li> <li><a href="/wiki/Ministry_of_Inclusion,_Social_Security_and_Migration" title="Ministry of Inclusion, Social Security and Migration">Ministry of Inclusion, Social Security and Migration</a></li> <li><a href="/wiki/Ministry_of_Digital_Transformation_(Spain)" title="Ministry of Digital Transformation (Spain)">Ministry for the Digital Transformation and of the Civil Service</a></li> <li><a href="/wiki/Ministry_of_Youth_and_Children" title="Ministry of Youth and Children">Ministry of Youth and Children</a></li> <li><a href="/wiki/Spokesperson_of_the_Government_of_Spain" title="Spokesperson of the Government of Spain">Spokesperson of the Government</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Inactive</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Fourth_Deputy_Prime_Minister_of_Spain" title="Fourth Deputy Prime Minister of Spain">Fourth Vice President of the Government of Spain</a></li> <li><a href="/wiki/Ministry_of_Supply_(Spain)" title="Ministry of Supply (Spain)">Ministry of Supply</a></li> <li><a href="/wiki/Ministry_of_Communications_(Spain)" title="Ministry of Communications (Spain)">Ministry of Communications</a></li> <li><a href="/wiki/Ministry_of_Overseas_(Spain)" title="Ministry of Overseas (Spain)">Ministry of Overseas</a></li> <li><a href="/wiki/Ministry_of_Information_and_Tourism" title="Ministry of Information and Tourism">Ministry of Information and Tourism</a></li> <li><a href="/wiki/Ministry_of_Consumer_Affairs_(Spain)" title="Ministry of Consumer Affairs (Spain)">Ministry of Consumer Affairs</a></li> <li><a href="/wiki/Ministry_of_Economy_and_Finance_(Spain)" title="Ministry of Economy and Finance (Spain)">Ministry of Economy and Finance</a></li> <li><a href="/wiki/Ministry_of_Energy,_Tourism_and_Digital_Agenda" title="Ministry of Energy, Tourism and Digital Agenda">Ministry of Energy, Tourism and Digital Agenda</a></li> <li><a href="/wiki/Ministry_of_Justice_(Spain)" title="Ministry of Justice (Spain)">Ministry of Justice</a></li> <li><a href="/wiki/Ministry_of_the_Presidency" title="Ministry of the Presidency">Ministry of the Presidency</a></li> <li><a href="/wiki/Ministry_of_Trade_(Spain)" title="Ministry of Trade (Spain)">Ministry of Trade</a></li> <li><a href="/wiki/Ministry_of_Transport_(Spain)" title="Ministry of Transport (Spain)">Ministry of Transport</a></li> <li><a href="/wiki/Ministry_of_Universities" title="Ministry of Universities">Ministry of Universities</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/List_of_agencies_in_Spain" title="List of agencies in Spain">Agencies</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bank_of_Spain" title="Bank of Spain">Bank of Spain</a></li> <li><a href="/wiki/National_Intelligence_Centre_(Spain)" title="National Intelligence Centre (Spain)">National Intelligence Centre</a> <ul><li><a href="/wiki/National_Cryptologic_Center" title="National Cryptologic Center">National Cryptologic Center</a></li></ul></li> <li><a href="/wiki/Spanish_National_Research_Council" title="Spanish National Research Council">Spanish National Research Council</a></li> <li><a href="/wiki/National_Statistics_Institute_(Spain)" title="National Statistics Institute (Spain)">National Statistics Institute</a></li> <li><a href="/wiki/National_Securities_Market_Commission" title="National Securities Market Commission">National Securities Market Commission</a></li> <li><a href="/wiki/National_Transplant_Organization" title="National Transplant Organization">National Transplant Organization</a></li> <li><a href="/wiki/State_Meteorological_Agency" title="State Meteorological Agency">State Meteorological Agency</a></li> <li><a href="/wiki/State_Vehicle_Fleet" title="State Vehicle Fleet">State Vehicle Fleet</a></li> <li><a href="/wiki/Spanish_Data_Protection_Agency" title="Spanish Data Protection Agency">Spanish Data Protection Agency</a></li> <li><a href="/wiki/Spanish_Agency_for_International_Development_Cooperation" title="Spanish Agency for International Development Cooperation">Spanish Agency for International Development Cooperation</a></li> <li><a href="/wiki/Spanish_Tax_Agency" title="Spanish Tax Agency">Spanish Tax Agency</a></li> <li><a href="/wiki/National_Agency_for_Quality_Assessment_and_Accreditation" title="National Agency for Quality Assessment and Accreditation">National Agency for Quality Assessment and Accreditation</a></li> <li><a href="/wiki/Bolet%C3%ADn_Oficial_del_Estado" title="Boletín Oficial del Estado">Boletín Oficial del Estado</a></li> <li><a href="/wiki/Railway_Safety_Agency" title="Railway Safety Agency">Railway Safety Agency</a></li> <li><a href="/wiki/Spanish_Aviation_Safety_and_Security_Agency" title="Spanish Aviation Safety and Security Agency">Spanish Aviation Safety and Security Agency</a></li> <li><a href="/wiki/Evaluation_and_Quality_Agency" title="Evaluation and Quality Agency">Evaluation and Quality Agency</a></li> <li><a href="/wiki/State_Research_Agency" title="State Research Agency">State Research Agency</a></li> <li><a href="/wiki/Spanish_Anti-Doping_Agency" title="Spanish Anti-Doping Agency">Spanish Anti-Doping Agency</a></li> <li><a href="/wiki/Department_of_Homeland_Security_(Spain)" class="mw-redirect" title="Department of Homeland Security (Spain)">Department of Homeland Security</a></li> <li><a href="/wiki/Intelligence_Center_for_Counter-Terrorism_and_Organized_Crime" title="Intelligence Center for Counter-Terrorism and Organized Crime">Intelligence Center for Counter-Terrorism and Organized Crime</a></li> <li><a href="/wiki/Maritime_Safety_and_Rescue_Society" title="Maritime Safety and Rescue Society">Maritime Safety and Rescue Society</a></li> <li><a href="/wiki/Consejo_Superior_de_Deportes" title="Consejo Superior de Deportes">National Sports Council</a></li> <li><a href="/wiki/Spanish_Agency_of_Medicines_and_Medical_Devices" title="Spanish Agency of Medicines and Medical Devices">Spanish Agency of Medicines and Medical Devices</a></li> <li><a href="/wiki/Spanish_Agency_for_Food_Safety_and_Nutrition" title="Spanish Agency for Food Safety and Nutrition">Spanish Agency for Food Safety and Nutrition</a></li> <li><a href="/wiki/Food_Information_and_Control_Agency" title="Food Information and Control Agency">Food Information and Control Agency</a></li> <li><a href="/wiki/Turespa%C3%B1a" title="Turespaña">Tourism Institute of Spain</a></li> <li><a href="/wiki/National_Institute_for_Aerospace_Technology" title="National Institute for Aerospace Technology">National Institute for Aerospace Technology</a></li> <li><a href="/wiki/Directorate-General_for_Traffic" title="Directorate-General for Traffic">Directorate-General for Traffic</a></li> <li><a href="/wiki/Labour_and_Social_Security_Inspectorate" title="Labour and Social Security Inspectorate">Labour and Social Security Inspectorate</a></li> <li><a href="/wiki/National_Institute_for_Safety_and_Health_at_Work" title="National Institute for Safety and Health at Work">National Institute for Safety and Health at Work</a></li> <li><a href="/wiki/Spanish_Patent_and_Trademark_Office" title="Spanish Patent and Trademark Office">Spanish Patent and Trademark Office</a></li> <li><a href="/wiki/Spanish_Agricultural_Guarantee_Fund" title="Spanish Agricultural Guarantee Fund">Spanish Agricultural Guarantee Fund</a></li> <li><a href="/wiki/Centre_for_Political_and_Constitutional_Studies" title="Centre for Political and Constitutional Studies">Centre for Political and Constitutional Studies</a></li> <li><a href="/wiki/Centro_de_Investigaciones_Sociol%C3%B3gicas" title="Centro de Investigaciones Sociológicas">Centre for Sociological Research</a></li> <li><a href="/wiki/Patrimonio_Nacional" title="Patrimonio Nacional">Patrimonio Nacional</a></li> <li><a href="/wiki/Instituto_Cervantes" title="Instituto Cervantes">Instituto Cervantes</a></li> <li><a href="/wiki/National_Parks_Autonomous_Agency" title="National Parks Autonomous Agency">National Parks Autonomous Agency</a></li> <li><a href="/wiki/Institute_for_the_Elderly_and_Social_Services" title="Institute for the Elderly and Social Services">Institute for the Elderly and Social Services</a></li> <li><a href="/wiki/Institute_of_Youth" title="Institute of Youth">Institute of Youth</a></li> <li><a href="/wiki/Carlos_III_Health_Institute" title="Carlos III Health Institute">Carlos III Health Institute</a></li> <li><a href="/wiki/CIEMAT" title="CIEMAT">Centre for Energy, Environmental and Technological Research</a></li> <li><a href="/wiki/Institute_of_Women" title="Institute of Women">Institute of Women</a></li> <li><a href="/wiki/Independent_Authority_for_Fiscal_Responsibility" title="Independent Authority for Fiscal Responsibility">Independent Authority for Fiscal Responsibility</a></li> <li><a href="/wiki/Nuclear_Safety_Council_(Spain)" title="Nuclear Safety Council (Spain)">Nuclear Safety Council</a></li> <li><a href="/wiki/Instituto_de_la_Cinematograf%C3%ADa_y_de_las_Artes_Audiovisuales" class="mw-redirect" title="Instituto de la Cinematografía y de las Artes Audiovisuales">Institute of Cinematography and Audiovisual Arts</a></li> <li><a href="/wiki/Agencia_Espacial_Espa%C3%B1ola" title="Agencia Espacial Española">Spanish Space Agency</a></li> <li><a href="/wiki/Comisi%C3%B3n_Nacional_de_los_Mercados_y_la_Competencia" title="Comisión Nacional de los Mercados y la Competencia">National Commission on Markets and Competition</a></li> <li><a class="mw-selflink selflink">Spanish Executive Resolution Authority</a></li> <li><a href="/wiki/Spanish_Agency_for_the_Supervision_of_Artificial_Intelligence" title="Spanish Agency for the Supervision of Artificial Intelligence">Spanish Agency for the Supervision of Artificial Intelligence</a></li> <li><a href="/wiki/National_Institute_of_Public_Administration_(Spain)" title="National Institute of Public Administration (Spain)">National Institute of Public Administration</a></li></ul> </div></td></tr></tbody></table></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Fondo_de_Reestructuración_Ordenada_Bancaria&oldid=1246859255">https://en.wikipedia.org/w/index.php?title=Fondo_de_Reestructuración_Ordenada_Bancaria&oldid=1246859255</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Banking_in_Spain" title="Category:Banking in Spain">Banking in Spain</a></li><li><a href="/wiki/Category:Government_of_Spain" title="Category:Government of Spain">Government of 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