Inactive Instrument

Bankia SA BME

Equities

BKIA

ES0113307039

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2021	Mapfre Sells 51% Bankia Vida Stake to JV Partner Caixabank in $648 Million Deal	MT
2021	CaixaBank S A : Capital Buffer to Rise Following Bankia Merger	MT

Bankia SA : Spain not planning to close down any bank: Economy Minister

July 17, 2012 at 01:22 pm

MarketScreener.com By

MADRID (Reuters) - Spain is not planning to close down any of its ailing lenders, Economy Minister Luis de Guindos said, contradicting the Bank of Spain governor who said earlier on Tuesday that non-viable entities should be wound down.

Four banks currently nationalized - Bankia (>> Bankia SA), CatalunyaCaixa, NovaGalicia and Banco de Valencia - could face the prospect of being wound down if the European Commission concludes that the cost of their recapitalization is higher than the cost of an orderly resolution.

(Reporting by Rodrigo de Miguel, writing by Julien Toyer; Editing by Sarah Morris)

Stocks treated in this article : Bankia SA, Banco de Valencia SA

Latest news about Bankia SA

Mapfre Sells 51% Bankia Vida Stake to JV Partner Caixabank in $648 Million Deal	30/12/21	MT
CaixaBank S A : Capital Buffer to Rise Following Bankia Merger	29/07/21	MT
CaixaBank S A : sells Bankia businesses to Global Payments for 277 million euros	09/07/21	RE
CaixaBank S A : To Sell Two Former Bankia Units For $328 Million	09/07/21	MT
Caixabank to cut 6,450 jobs in Spain's biggest banking staff overhaul	01/07/21	RE
CaixaBank S A : offers to limit job losses to 6,750 as staff strike	29/06/21	RE
CaixaBank S A : Strike Pushes Spain's CaixaBank to Reduce Planned Layoffs by Over 1,300	22/06/21	MT
CaixaBank S A : to reduce planned job cuts by 1,300 following strike	22/06/21	RE
Stoxx Europe 600 : European Shares End Largely Higher Ahead of US Fed Meeting	16/06/21	MT
Banco de Sabadell S A : Spanish Anti-Competition Watchdog Launches Probe Against Big Banks	16/06/21	MT
Spain's Competition Watchdog Investigates Four Banks Over State-Backed Covid-19 Loans -- Update	16/06/21	DJ
Spain's Competition Watchdog Investigates Four Banks Over State-Backed Covid-19 Loans	16/06/21	DJ
CaixaBank S A : Spain's BBVA to cut 2,935 jobs, close 480 branches	08/06/21	RE
Stoxx Europe 600 : European Stocks End Mixed Amid Higher Services PMIs, UK Travel List Update	03/06/21	MT
Credit Agricole S A : Crédit Agricole Takes on Spanish Market With SoYou Buy	03/06/21	MT
Credit Agricole S A : Crédit Agricole Takes Over Full Ownership of Consumer Credit Subsidiary SoYou in Spain	03/06/21	MT
Crédit Agricole Consumer Finance S.A. completed the acquisition of remaining 49% stake in SOYOU from Bankia, S.A..	02/06/21	CI
Caixabank staff protest Spanish layoffs as executives' pay divides shareholders	14/05/21	RE
CaixaBank S A : staff protest Spanish layoffs as executives' pay divides shareholders	14/05/21	RE
CaixaBank S A : Employees Protest Against Job Cuts As Shareholders Meet To Vote On Executives' Pay	14/05/21	MT
BBVA Looks to Cut Roughly 3,800 Jobs	22/04/21	DJ
Stoxx Europe 600 : European Stocks End Lower As Euro, Pound Sterling Rally Against US Dollar	20/04/21	MT
CaixaBank S A : Aims To Cut 8,291 Jobs Following $5.18 Billion Bankia Merger	20/04/21	MT
Market Chatter: CaixaBank To Ax 7,000 Jobs Following $5.1 Billion Bankia Merger	14/04/21	MT
Bankia, S.A.(BME:BKIA) dropped from FTSE All-World Index	30/03/21	CI

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Company Profile

Bankia, S.A. is a banking group organized around three areas of activity: - retail banking (63.5% of Net Interest Income): sales of standard and specialized banking products (consumer credit, insurance, etc.); - business banking (19.7%); - other (16.8%). At the end of 2019, the group was managing EUR 124.8 billion in current deposits and EUR 117.4 billion in current loans. Products and services are marketed via a network of 2,275 branches located in Spain.

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