Spain's BFA-Bankia Posts Record 21.2 Billion Euros After-Tax Loss in 2012

Taxi cabs wait for customers outside the Kio towers, headquarters of Bankia SA, in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images
Taxi cabs wait for customers outside the Kio towers, headquarters of Bankia SA, in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images
Spain's BFA-Bankia Posts Record 21.2 Billion Euros After-Tax Loss in 2012
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Bloomberg / Contributor
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162833901
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Date created:
28 February, 2013
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BANKIA EARNS