Bankia chairman: 'Investors can be reassured about savings'

Bankia shares tumbled today sparking investor fears
Bankia shares tumbled today sparking investor fears Credit: Reuters/Andrea Comas

The chairman of troubled Spanish bank Bankia has reassured investors today about the "safety of their savings", according to El Mundo newspaper.

Jose Ignacio Goirigolzarri said in a statement to the National Securities Market Commission: "Depositors at Bankia can be absolutely reassured that their savings are safe" and that the bank's activity had been "within normal parameters".

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