BBVA announced it will sell 80% of its foreclosed assets to Cerberus at a price in line with the net book value, thus with a marginal impact on profits and a slight accretion of solvency ratios.
29 Nov 2017
Foreclosed assets divestment
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Foreclosed assets divestment
Banco Bilbao Vizcaya Argentaria, S.A. (BVA:LON) | 1,025 0 0.0% | Mkt Cap: 59,839m
- Published:
29 Nov 2017 -
Author:
David Grinsztajn -
Pages:
2
BBVA announced it will sell 80% of its foreclosed assets to Cerberus at a price in line with the net book value, thus with a marginal impact on profits and a slight accretion of solvency ratios.