Cajasur bail-out prompts drop in Spanish bank shares


Shares in Spanish banks have fallen following the government's rescue of Cajasur, one of the country's biggest regional lenders.

Cajasur was taken over by Spanish authorities on Saturday after talks to merge it with a profitable bank ended.

Cajasur ran into trouble due to its exposure to the Spanish housing market.

Sarah Rainsford reports from Madrid.

READ MORE: Spain bank bail-out hits shares

Copyright © 2020 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.