for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Bank of Spain to analyze Bankia-Caixabank merger together with ECB's SSM

MADRID, Sept 4 (Reuters) - Spain’s central bank on Friday said it was aware of the negotiations between Spanish lenders Caixabank and Bankia and would analyse any potential tie-up jointly with the European Central Bank’s Single Supervisory Mechanism.

“If the negotiations are successful, the Bank of Spain would analyse the operation within the framework of the joint supervision teams of the Single Supervisory Mechanism,” the Bank of Spain said.

Reporting by Jesús Aguado; editing by Andrei Khalip

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up