Bankya is the reasons for the rescue, the question of the Spanish Government the Saturday

Saturday morning one of the largest banks in Spain, Bankia, convened a press conference to explain that the reasons for the rescue of 24,000 million requested the Spanish Government.

The price of Bankya was suspended Friday in the Madrid stock exchange request for help.

The rescue of the Bank, which was nationalised in some two weeks, would be the largest of its kind in the history of Spain.

Our correspondent in Madrid, Tom Burridge, reported use the Conference anticipated Bankia Council to clarify how you restructure your business.

Click to read: Bankya, the unstable part of the financial puzzle in Spain

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Bankia might request $18,000 million of the Government of Spain.

Bankia, Spain, which was partially nationalised recently in a sense could demand the fourth Bank Group on Friday the Spanish State aid of more than US$ 18,000 million euro viability plan designed by the new management team of the entity correspond to.

Hilfe-, that are used, the identified needs of the capital - according to various sources of the news agencies cited the Fund get Banko restructuring (FROB) by the Government in Madrid was founded.

Bankia born 2010 product of the merger of seven Spanish savings banks in the context of the reform of the Spanish financial sector by the Executive of the ex-President José Luis Rodríguez Zapatero carried out.

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