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Spain 'Could' Begin Sale of Catalunya Banc in January

Source: Reuters - Thu 19th Dec 2013
Spain 'Could' Begin Sale of Catalunya Banc in January

Spain could kick off a sale process for nationalised lender Catalunya Banc in January, a source at bank restructuring fund FROB said on Thursday.

The FROB on Wednesday said it had agreed to sell another rescued lender, NCG Banco, to Venezuela's Banesco.

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