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Bankia

CFD on the Bankia SA (BKIA) stock quote.

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Product Type: Stock CFD
Sector: FinancialsIndustry: Banks
Country: SpainCurrency: EUR
Trading Hours: According to marketMeasurement Unit: Shares
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Description:

Bankia provides banking services based on Spain. The bank is currently the fourth largest in Spain by total assets. Its operations are divided into three segments. Its Retail Banking division generates some 50% of revenue.

The company has around 13,500 employees and it is listed on the Madrid Stock Exchange and is a constituent of the IBEX 35.

Interesting Facts:

  • In June 2017 Bankia agreed to acquire state-owned bank BMN for €825 million in an all-stock deal.
  • In February 2018 the company announced it would pay some €2.5 billion.
  • In 2018 Bankia agreed to acquire the remaining stakes in two Spanish insurers, Caja Granada Vida de Seguros y Reaseguros SA and Cajamurcia Vida y Pensiones de Seguros y Reaseguros.