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Bankia

Spanish Minister of Economic Affairs Nadia Calvino, prior to the start of the EU Informal Meeting of Ministers for Economic and Financial Affairs. Photo: Hannibal Hanschke/REUTERS/POOL/dpa

Economy & Business

FINANCE

Spain's Caixabank and Bankia boards approve merger

The Nomad Today/dpa 9/18/20

With a total domestic balance sheet total of almost 564 billion euros, the new bank would be ahead of the previous number one, BBVA .