Bankia

Spanish bank

Bankia is a Spanish banking conglomerate formed in December 2010 as an alliance of seven regional savings banks. With 12 million customers (both individuals and legal entities), the bank was the fourth-largest bank in Spain.[1] In 2012, he experienced great financial problems and was partially nationalized (90% of the shares in exchange for assistance of 23.5 billion euros). In 2021, the bank was taken over by CaixaBank.

References change

  1. "Bankia Profile". Bankia.com. Archived from the original on 17 September 2011. Retrieved 17 May 2012.