By Sundeep Tucker in Hong Kong and Victor Mallet in Madrid
Published: November 22 2009 22:04 | Last updated: November 22 2009 22:04
In a year when troubled western lenders sold billions of dollars of shares in Chinese banks, a Spanish bank better known for its US and Mexico investments is set to buck the trend.
Barring any dramatic unforeseen development, BBVA will soon exercise a €1.1bn ($1.63bn) option to lift its stake in China Citic Bank to 15 per cent.
BBVA appears poised to lift its stake to 15 per cent in China Citic Bank, while many of the Spanish bank’s European rivals are in retreat
You have viewed your allowance of free articles. If you wish to view more, click the button below.
COMPANIES 
