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

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

Credit: Bloomberg / Contributor
Stacked cafe chairs and tables stand outside an automated teller machine (ATM) 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
Caption:
Stacked cafe chairs and tables stand outside an automated teller machine (ATM) 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
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Date created:
February 28, 2013
Editorial #:
162833911
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Stacked cafe chairs and tables stand outside an automated teller... News Photo 162833911Automated,Bank,Bank Manager,Banking,Cafe,Cashier,Chair,Economy,Europe,Finance,Fiscal Policy,Horizontal,Machinery,Madrid,Spain,Spanish,Stack,Stand,TablePhotographer Collection: Bloomberg 2013 BloombergStacked cafe chairs and tables stand outside an automated teller machine (ATM) 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