Inactive Instrument

Bankia

BKIA

ES0113307062

Ceo Of Spain's Bankia Says Conversations Between Financial Sector, Government On State-Back Credit Lines Are Focused On Facilitating Debt Restructuring For Companies

October 28, 2020 at 05:06 am EDT

CEO OF SPAIN'S BANKIA SAYS CONVERSATIONS BETWEEN FINANCIAL SECTOR, GOVERNMENT ON STATE-BACK CREDIT LINES ARE FOCUSED ON FACILITATING DEBT RESTRUCTURING FOR COMPANIES

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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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Bankia

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BKIA

ES0113307062

Ceo Of Spain's Bankia Says Conversations Between Financial Sector, Government On State-Back Credit Lines Are Focused On Facilitating Debt Restructuring For Companies

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