Four savings banks need 1.835 bln euros - Spain cbank

MADRID (Reuters) - Four of Spain's 19 unlisted savings banks failed stress tests and will need 1.835 billion euros (1.5 billion pounds) in capital additional to that already pledged to withstand a worse case scenario, the Bank of Spain said on Friday.

Analysts had estimated much higher capitalisation needs for Spain's banks, giving numbers of 20 billion euros to 50 billion euros.

In a statement, the central bank said total capital requirements for the savings banks would be 16.193 billion euros, of which the Bank of Spain's restructuring fund has already contributed 10.583 billion and the Bank Deposit Guarantee Fund 3.775 billion.

The 1.835 billion figure did not include 208 million euros in capital needed for a fifth failed savings bank, Cajasur, because it has already been taken over by the government.

(Reporting by Martin Roberts; Editing by Nigel Davies)