Caja Madrid on RWN as SIP gets approved

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Caja Madrid on RWN as SIP gets approved

Fitch placed Caja Madrid on Rating Watch Negative yesterday (Thursday) and Bancaja and Caixa Laietana on Rating Watch Positive, following approval of an integration contract by the General Assemblies of the three cajas and several others to form a group through an Institutional Protection Scheme (SIP).

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