Just in:  

You are here: Home»Business»Banking & Finance»Sabadell will be shareholder in Spain's bad bank

Sabadell will be shareholder in Spain's bad bank

abad23MADRID: Spain's fifth biggest bank Sabadell said on Friday it intended to become a shareholder in Spain's bad bank, created to siphon off bad property assets from lenders as a condition of receiving European aid.


"We will definitely hold an equity stake in the bad bank," said Chairman Josep Oliu.


Copyright Reuters, 2012


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln