Spanish banks

Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months on Thursday for misusing funds when he was the boss of two Spanish banks.

Feb 23, 2017, 19:40 PM IST

Only 5% of bank aid recovered: Spain central bank

A total of 53.55 billion euros were provided to Spain`s banking sector via a restructuring fund in the aftermath of the financial crisis, including 2.25 billion euros of contributions from the private sector.

May 05, 2015, 08:30 AM IST