From the transformation to the bancarization of the spanishsaving banks: an analysis of the results pursued

This research arises due to the current restructuring process in which is immersed the Spanish banking sector. The above mentioned process is carried out to try to reduce the doubts on the viability of the bank companies to average and long term and to be able to return again the confidence in the sector. Though the economic and financial crisis has concerned the whole banking sector, the subsector of the Spanish savings banks is the one that has experienced a major number of integrations (articulated by means of mergers, absorptions and across Institutional Protection Schemes -IPSs-), and the one that has met submitted to the bancarization process. Considering what has been said, the present paper analyses Spanish saving banks to try to discern whether thanks to that process the objectives pursued by the bank rearrangement have been fulfilled. To do this, the evolution of some important financial variables will be studied over a long period of time (1999-2012). The results suggest that not all the savings banks have seen improved their ratios of efficiency, solvency, financial gap and social work, which indicates that there is still much to be done in order to rectify the problems affecting the studied sector.

Design of hydraulic structures considering different sheetpile configurations and flow through canal banks

This research investigated seepage under hydraulic structures considering flow through the banks of the canal. A computer model, utilizing the finite element method, was used. Different configurations of sheetpile driven under the floor of the structure were studied. Results showed that the transverse extension of sheetpile, driven at the middle of the floor, into the banks of the canal had very little effect on seepage losses, uplift force, and on the exit gradient at the downstream end of the floor. Likewise, confining the downstream floor with sheetpile from three sides was not found effective. When the downstream floor was confined with sheetpile from all sides, this has significantly reduced the exit gradient. Furthermore, all the different configurations of the sheetpile had insignificant effect on seepage losses. The most effective configuration of the sheetpile was the case when two rows of sheetpiles were driven at the middle and at the downstream end of the floor, with the latter sheetpile extended few meters into the banks of the canal. This case has significantly reduced the exit gradient and caused only slight increase in the uplift force when compared to other sheetpile configurations. The present study suggests that two-dimensional analysis of seepage problems underestimates the exit gradient and uplift force on hydraulic structures.