June 19, 2018 5:02 AM ET

Banks

Company Overview of Banco Mare Nostrum, S.A.

Company Overview

As of January 8, 2018, Banco Mare Nostrum, S.A. was acquired by Bankia, S.A.. Banco Mare Nostrum, S.A. provides retail banking services to individuals and companies in Spain. It offers pension, youth, Euroresident, and junior savings accounts; traditional deposit and structured products, as well as savings plans; car, instant, advance, personal fixed-rate, extra, and salary loans; mortgages; working capital financing and foreign trade services, as well as guarantees; and online banking and bill payment services, as well as cards. The company also provides general, health, life, trade, and agricultural insurance products; monetary and fixed income, guaranteed, mixed, variable income, and pass...

Paseo de Recoletos no. 17

Madrid,  

Spain

Founded in 2010

3,812 Employees

Key Executives for Banco Mare Nostrum, S.A.

Banco Mare Nostrum, S.A. does not have any Key Executives recorded.

Banco Mare Nostrum, S.A. Key Developments

Bankia And Banco Mare Merger Likely To Happen In Mid 2017

Potential merger between Bankia, S.A. (BME:BKIA) and Banco Mare Nostrum, S.A. could occur in the middle of 2017, subject to the conclusion of an analysis of the operation, José Ignacio Goirigolzarri, Chairman of Bankia, S.A said. The Spanish government has pledged to exit Bankia by the end of 2017.

FROB Looks Into Merger Of Bankia And Banco Mare

Fondo de Reestructuracion Ordenada Bancaria (FROB) reported that it would look into a possible merger between Bankia, S.A. (BME:BKIA) and Banco Mare Nostrum, S.A. as well as other options in a bid to maximize the value of the two banks and facilitate the repayment of public aid injected into them.

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Banco Mare Nostrum, S.A., Primary Bad Debt Portfolio in Spain
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