Game and Work

Caja Extremadura CAM, Caja Cantabria Cajastur and sign integration contract.

The presidents of Caja Extremadura, CAM, Caja Cantabria Cajastur and initialed the contract of integration, leading to the fifth largest financial group in the country.

The presidents of all four entities have expressed their "satisfaction" for participating in a project that will create the third group of Spanish savings banks. The signature ceremony took place this afternoon in Madrid, Caja Extremadura as reported in press release.

Add, tera gold, the statement that the signing of the integration involves the creation of "a new structure that combines solvency, efficiency and flexibility with an active volume of more than 135,000 million, a turnover of around 160,000 million, an solvency ratio of 12.1% and Tier 1 of 9.3% at end 2009, which guarantees the strength of the project. "

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