Bankia is a Spanish banking conglomerate formed in December 2010 as an alliance of seven regional savings banks. With 12 million customers (both individuals and legal entities), the bank was the fourth-largest bank in Spain. In 2012, he experienced great financial problems and was partially nationalized (90% of the shares in exchange for assistance of 23.5 billion euros). In 2021, the bank was taken over by CaixaBank.
References[change | change source]
- ↑ "Bankia Profile". Bankia.com. Archived from the original on 17 September 2011. Retrieved 17 May 2012.