In the last eight centuries there have been hundreds of banking crises throughout the entire planet. Spain has not been an exception and our history is plagued with numerous financial disasters in which the collapse of one institution has jeopardized the stability of the whole financial...

Since the seventies until the present many countries have experienced banking crises. These phenomena, which have been caused by a combination of both internal and external macro and microeconomic factors, have happened in both developed and undeveloped countries. They demonstrated the fragility...