bankia state stake

new caixabank

The Merger Of Bankia And Caixabank Already Legal; It Revalues The State’s Stake In Bankia By €1.6 Bn

On Monday 29 March, the newly issued shares of Bankia will be integrated into the CaixaBank stock in the Ibex 35 and Ibex 35 Banks index. At the press conference held to mark the registration of the new bank in the Business Registry, Goirigolzarri stated that the state’s stake in Bankia through the Fund for Orderly Bank Restructuring (FROB) has increased by around €1.6 billion since the merger with CaixaBank was announced last September.