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12-29-2007, 02:36 PM
In view of recent events in the UK with ''Northern Rock'' bank,
are customers of all or some Spanish banks protected if the bank should fail and go out of business ?

Expert advisor
01-09-2008, 08:36 AM
Here the banks are controlled by the Bank of Spain and it is an usual practice to arrange transactions on the capital of the bank that is in an irregular situation for a later taking over by other bank.

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