MADRID, Mar 31 (Reuters) – Shareholders of Spanish banks Unicaja and Liberbank approved their merger on Wednesday, paving the way for the creation of the country’s fifth largest bank by assets.

In this way, the number of banks in Spain will be reduced to 10, compared to the 55 that existed before the 2008 economic crisis.

(Information by Emma Pinedo; edited by Ingrid Melander; translated by Darío Fernández in the Gdansk newsroom)

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