Crisis en las entidades de crédito españolas: Un estudio mediante análisis discriminante

The aim of this paper is to present an estimated model for banking classification applying multivariate linear discriminant analysis, preceded by a brief review of recent Spanish crisis. An estimation sample and a validation sample are used, each of them with Spanish depository institutions solvent and another financial distressed. The data refers to the years 2008 and 2009, a prior fiscal year to the respective situations of failure. The empirical results achieved are statistically significant. They confirm some of the conclusions from previous studies and seem to be useful to design early-warning systems in the banking sector.