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CaixaBank repays FROB funding

Mon 8th Apr 2013
CaixaBank repays FROB funding

Earlier today Caixabank announced it had completed repayments of the 977 million funding received as part of the Spanish banking bailout funds paid out to Banca Civica, which Caixabank bought last year.

In a filing with Spain's market supervisor, Caixabank said it had repaid 989 million - including interest - to the Fund for Orderly Bank Restructuring, commonly referred to as FROB.

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