Radar > 228551

Government rules out sale of Bankia before October

El Gobierno descarta la venta de Bankia antes de octubre

Intel ID : 228551
Synopsis

Spanish Minister of Economy, Luis de Guindos, ruled out the sale of Bankia through Banking Restructuring Fund FROB before October, which is when the results of the bank stress tests will be revealed, as published by Expansión on 24 August 2015.

According Guindo,"after October we will have a much clearer and clarified picture, not only of the Spanish banking or Bankia, but of all European banks."

The IMF ruled out the possibility of carrying out this deal within the established period by the Government. (See related Intel).
(content in spanish)

El ministro de economía español, Luis de Guindos, ha descartado la venta de Bankia por parte del Fondo de Reestructuración Ordenada Bancaria (FROB) antes de octubre, fecha en que se conocerán los resultados de los test de estrés de la banca, según ha publicado Expansión el 24 de agosto de 2015.

Según de Guindo, "después de octubre tendremos un panorama mucho más claro y clarificado, no sólo de la banca española o de Bankia, sino del conjunto de la banca europea".

El FMI ya descartó la posibilidad de que se llevase a cabo esta operación dentro del plazo previsto por el Gobierno. (Ver Intel relacionado).

Intel ID 228551
Value ND
Native Currency Euro (EUR)
Financial Data - Bankia
(31 Dec 2019)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.