Connect to share and comment

Bankia sign

Appears In:
The stricken lender said it was confident a government injection of 19 billion euros ($23.8 billion) would be sufficient.
The troubled Spanish lender said it was not obliged to repay the money to Madrid.
Spanish lender Bankia will receive state financial aid after posting a EUR4.45BN loss in the first half.
Bankia sign

Spanish bank Bankia's headquarters in Madrid.

PIERRE-PHILIPPE MARCOU