- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Banco de Valencia, bought by Spain's 3rd largest lender Caixabank last year, reported a loss of 3.6 billion for 2012, the bank restructuring fund (FROB) said on Monday.
While Banco de Valencia is still technically held by the FROB, CaixaBank bought the smaller lender for 1 with the benefit of a government-funded program to protect it against future losses on assets.
A Caixabank spokesperson said the loss has not been consolidated into the larger bank's results. CaixaBank's profits fell nearly 80% in 2012, it said last week.