A brief history of BBVA (XII): Banks enter the post-war period
(WorldNews Spain)

On April 1, 1939, the last war report issued by Franco from Burgos concluded with a statement that read: `the war is over.` A Spain in harrowing shape needed to tackle its social and economic reconstruction process, both for its citizens, for its businesses, and, of course, for a banking industry that had seen its capabilities seriously damaged by the severity of the armed conflict. Spaniards were left facing a 40-year long dictatorship. Explore more... Banks` results during the war All Spanish banks were hit hard by the almost three-year long conflict. However not all institutions fared similarly, mainly due to the fact that, in many cases, they had to endure different levels of hardship....