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BANKIA-RESULTS/
RTX14R9Y
October 28, 2013
People walk past a Bankia bank branch in Madrid October 28, 2013. Spain's biggest bailed-out lender,...
Madrid, Spain
People walk past a Bankia bank branch in Madrid
People walk past a Bankia bank branch in Madrid October 28, 2013. Spain's biggest bailed-out lender, Bankia, showed on Monday it was on track to meeting yearly profit targets after it was cleansed of its worst assets, although a weak economy is still hurting its net lending income. Bankia, which posted a record 19.2 billion euro (16.3 billion pounds) loss last year because of soured real estate deals, swung back to profit in the first quarter of 2013 but is still in the middle of a painful restructuring. The bank became a symbol of Spain's financial crisis after its woes pushed Spain to seek a 41 billion euro aid package for its weakest lenders last year in the wake of a property crash. REUTERS/Juan Medina(SPAIN - Tags: BUSINESS TPX IMAGES OF THE DAY)
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