Bankia

Company description

 

Bankia is a Spanish banking conglomerate that was formed in December 2010, consolidating the operations of seven regional savings banks. As of 2012, Bankia is the fourth largest bank of Spain with 12 million customers.

Bankia reports a total business volume of €486 billion with total assets of €328 billion. Formerly a private bank, it was partially nationalized by the government of Spain in May 2012 due to near collapse of the institution.

Company details

City:
Madrid
Address:
Paseo de la Castellana 189

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • April 10, 2018

    Shareholders invest US$1.3 billion in Globalvia

    Globalvia has announced that current shareholders OPTrust, PGGM and USS have collectively invested EUR1.0 billion (US$1.27 billion) in the company. Globalvia pl...

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  • September 13, 2017

    Globalvia goes to court for the Sóller Tunnel concession

    Globalvia has decided to take legal actions to get a compensation for the Sóller Tunnel concession cancellation.

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  • February 10, 2017

    ING and Santander sell debt from Spanish highways in liquidation

    ING and Santander have announced that they have sold debt from Spanish highways in liquidation, as the government has not reached an agreement with the banks for the rescue of the proje...

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  • December 28, 2016

    Banks and bondholders own new Isolux

    Banks and bondholders own 94.57% of the capital of Isolux after the initial conversion made as a result of the offsetting of credits with the engineering and construction group. Caixabank, Banco Santa...

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  • December 14, 2016

    Spain to take over bankrupt toll roads

    The Spanish government will finally have to take over the nine toll motorways that are currently bankrupt for an estimated cost of €5 billion (US$5.3 billion).

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  • September 23, 2016

    Spain in desperate move to keep toll roads open

    Spanish Ministry of Transport and Public Works is working "in extremis" to prevent the closure of the R-3 and R-5 radial highways developed under the concession model.

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  • May 04, 2016

    Sacyr and Eiser refinance Spanish highway

    Aunor, a concessionaire in Spain, has launched a project bond issue of €54 million (US$62.3 million) in order to refinance the Autovia Noroeste motorway in Murcia -RM15. This is the third pr...

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  • March 23, 2016

    FCC and Bankia complete sale of Globalvia

    FCC and Bankia have executed the sale of 100% of the infrastructure development company Globalvia to pension funds USS, OPTrust and PGGM. The agreement, between...

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  • March 04, 2016

    SH-130 concession company files for Chapter 11

    SH 130 Concession Company, LLC, the private entity that operates and maintains the southern sections of the State Highway 130 toll road, has filed for Chapter 11 protection in the Western District of...

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  • October 29, 2015

    Bankia and FCC sell Globalvia to USS, OPTrust and PGGM

    FCC and Bankia have signed an agreement to sell 100% of the shares of Globalvia to the funds USS, OPTrust and PGGM, which are exercising their preferential purchase right.

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