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BRIEF-Banco Popular Espanol approves partial spin off of Banco Popular Portugal
January 5, 2017 / 5:06 PM / in 7 months

BRIEF-Banco Popular Espanol approves partial spin off of Banco Popular Portugal

1 Min Read

Jan 5 (Reuters) - Banco Popular Espanol SA :

* Board approves partial spin-off of Banco Popular Portugal

* Banking activity of Banco Popular Portugal will be integrated in Banco Popular Espanol

* To create a branch to carry out banking activity in Portugal

* Banco Popular Portugal to keep leasing and real estate activities

* Sees to complete the operation in last quarter of 2017 Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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