Home : March 2012 : March 10, 2012 News : FROB awards Unnim Banc to BBVA

FROB awards Unnim Banc to BBVA

March 10, 2012

The BBVA Group acquires Unnim Banc after winning a competitive auction held by Spain’s Fund for Orderly Banking Restructuring (or FROB). BBVA improves its coverage in Catalonia through an operation that has no relevant impact on liquidity or capital, and with contained risk.

1888PressRelease - BBVA strengthens its presence in Catalonia through an operation with a clear strategic goal. Unnim Banc’s activities are centered in that region, which is one of the most attractive and dynamic market [...]

http://www.1888pressrelease.com/frob-awards-unnim-banc-to-bbva-pr-380752.html
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