On Friday, Oliver Wyman completed the more granular audit, which only seven institutions passed ( Banco Santander, BBVA, Caixabank, Unicaja Ceiss, Bankinter, Kutxabank, and Sabadell).

FORBES: Spanish Bank Stress Test Reveals $76B Capital Short Fall; Path Cleared For Bailout

Banco Popular Espanol has fallen 6.73% so far this year, Banesto has tumbled 17.07%, Banco de Valencia has sunk 25.47%, Bankinter has plunged 28.42% and BBVA has lost nearly 31%.

FORBES: Greek Contagion Catching Like Wildfire

Bankinter, a retail bank, has responded to fury over home repossessions by introducing the first Spanish mortgage that can be walked away from, American-style, simply by handing over the keys.

ECONOMIST: Spain's indignants

Bankinter, a Spanish bank, developed data-mining techniques to such an extent that it has been able to set up a useful business as a private detective agency for suspicious spouses.

ECONOMIST: The hollow promise of Internet banking

Only seven institutions passed the stress tests ( Banco Santander, BBVA, Caixabank, Bankinter, Unicaja Ceiss, Kutxabank, and Sabadell) while at least another nine were found to need capital to face a stress situation.

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