Judge OK's Terra Mitica
A Benidorm court yesterday agreed to lift the bankruptcy protection order that had been ruled against Theme Park Terra Mitica almost two years ago....[ more ]
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The CAM bank yesterday acquired a 50% shareholding in the Ribera Health Company for 14.4 million Euros. The CAM acquisition yesterday reinforces the Bank’s strategy of balancing the investment by Valencian Community banks in important institutions, and now has an equally share in the company along with Bancaja. Ribera Health is the fourth private health care operator in Spain, privately caring for patients in public hospitals. The company is active in Alzira, Torrevieja, Denia and Manises Hospitals, and is hoping to extend its services to Elche.Author: Valencia Life
Created: 2006-11-30 12:49:29 | Updated: 2006-12-01 09:40:36
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Attack Foiled
A 55-year-old man who tried to stage a holdup in the Banco de Espiritu Santo in the centre of Alicante yesterday was almost immediately in police custody....[ more ]
Dialogue Begins
Serafin Castellano, the Partido Popular spokesman in the Valencian Parliament and Valencian Socialist leader Joan Ignasi Pla yesterday held the first of what is expected to be a series of meetings aimed at naming those who are to be named to the board of the three savings banks of the Community – the CAM, Bancaja and Caixa Ontinyent....[ more ]
Percentages Revealed
The various percentages of the new directors of the three savings banks in the Valencian Community were revealed last night. They are:...[ more ]
The Battle of the Banks
The renovation of the directors of the Savings banks of the Valencian Community has once again turned against the strategy of Valencian Socialist leader Joan Ignasi Pla and his colleagues who tried to impose their strategy on the new nominations...[ more ]
Naming the Directors
Agreement was reached yesterday between the Socialists and the ruling Partido Popular over the number of vice-presidents of the Cam Bank that now passes from three to five....[ more ]
No Service
A technical failure in the computer system of the cash dispensing machines of the Bancaja bank yesterday morning left over a million people stranded....[ more ]
Air Nostrum
Yesterday, the Caja Duero Savings bank announced that it had acquired a 22% holding in the Valencian Airline Air Nostrum in a deal said to be worth almost 75 million Euros....[ more ]
Crespo to Take Over
Modesto Crespo, is excepted to take over as senior vice President of the CAM Bank, according to insiders within the Valencian government who have supported his candidacy....[ more ]
CAM Releases Results
The Alicante savings bank CAM ended 2006 with profits of 334 million Euros it was revealed yesterday by Vicente Sala, the president of the entity and Roberto Lopez, the General Director....[ more ]
Three Arrested
The directors of three banks in Castellon Province last January presented a series of allegations to the Guardia Civil at Nules....[ more ]
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Good Results
The bank of Spain yesterday published the financial figures for the various autonomies for last year, which showed that the indebtedness of the Valencian Community stood at 10,759 million Euros, an increase of 576 million, the lowest rise in a decade, and in line with an agreement made with the finance ministry over the matter....[ more ]
New Study Reveal Inconsistencies
A new study undertaken by the KMPG Company for the Cam Bank has revealed that both Andalucia and Catalunia outstripped the Valencian Community is terms of real estate deals in 2005....[ more ]
Better Results
The CAM bank yesterday revealed that it had obtained results in the first quarter of this year of 94.8 million Euros, a 15% increase on the same period last year....[ more ]
Enquiry Opened
The Valencian court that is currently investigating the issuance of false invoices over the construction of the Benidorm theme park Terra Mitica yesterday ordered further enquiries over money sent abroad from two bank accounts purportedly belonging to one of those involved....[ more ]
Getting Better
The shareholders of the Banco de Valencia held their annual meeting yesterday and approved the accounts of last year that saw profits jump 18.4% to 113.3 million Euros....[ more ]
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