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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


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln