Overview
- A massive power outage across Spain has disrupted ATMs and card payment terminals in areas without electricity, halting cash withdrawals and in-person transactions.
- Digital banking services, including online and mobile platforms, continue to function normally thanks to backup systems implemented by major banks like CaixaBank, BBVA, and Banco Sabadell.
- Spain’s stock markets are operating without interruption during the blackout, as confirmed by the Comisión Nacional del Mercado de Valores (CNMV).
- Banks have implemented contingency measures, including the use of generators at corporate headquarters and the closure of branches in affected areas to ensure safety and service reliability.
- Investigations are underway into the causes of the blackout, which has impacted critical infrastructure across Spain, Portugal, and parts of France.