bankia




Goiri

Sabadell, Bankia H1 results prompt different stock market reaction

The banks’ non-performing loans ratio continues to show signs of recovery amid the ongoing deleveraging process on the part of households and companies. The balance of impaired loans fell by 18.3% in May to 121,865 billion euros. Against this backdrop, Banco Sabadell and Bankia were the first banks to present their first half results’ report. And the Spanish stock market reacted in a completely different way to each report.





Bankia

Bankia Gets It Right By Giving Back Money To Shareholders

Bankia’s current management team has decided to give back to minority shareholders the money they invested in the banks’s shares in July 2011 with 1% annual interest. The proposal is a sensible one because it benefits shareholders and tax payers, as well as Bankia’s image and balance sheet.


Bankia1

The Shambles That Is Bankia

Bankia, created from the merger of seven savings banks lead by Cajamadrid and Bancaja, and its July 2011 stock market listing, have become a major headache for many people: the bank’s shareholders, the current management team, the auditor, the Bank of Spain and the stock exchange regulatory body CNMV.