Caja Madrid tomorrow consider the "final details" of his partnership with Bancaja.
Madrid, July 21 .- The President of Caja Madrid, Rodrigo Rato, meet tomorrow to board of directors of the entity to study the "final details" of the alliance along with Bancaja and five other smaller boxes, including boxes and Avial Caja Segovia, reported sources familiar with the process.
This is a meeting which will decide the legal structure chosen to create an institutional system of protection (SIP),, gaia gold, the formula will allow Caja Madrid, Bancaja, Canary Island, Laietana, of Avila, Segovia and La Rioja share benefits and risks, but remain independent brands.
Also, according to the same sources, the situation is expected to close each of the members of the SIP in the new financial group with more than 340,000 active supplanted the Caixa as the first savings bank in Spain and, tera gold, expects to achieve net profit 2,000 million in 2013.
After tomorrow's meeting, the board of directors to concentrate Caja Madrid will return next week, on Thursday, July 29 to formalize the partnership agreement provided for at least 15 years, in addition to give the nod to the accounts of the entity in the first half of the year.
Predictably, the boards of, ffxiv gil, the other six cases also sign the document in their meetings, prior to the official rubric of the presidents of the seven entities, as happened in mid-June with the protocol in which sat the groundwork for establishing the new financial group.
Thereafter, still according to sources, the next key date in the calendar will be on September 6, when the seven boxes hold assemblies which must approve the "cold fusion."
Once the operation to obtain the approval of the competent administrative authorities, the new financial group may receive public assistance of 4.465 million already approved by the Banking Ordinance Restructuring Fund (Frob).