By Christopher Bjork
MADRID--Banco Bilbao Vizcaya Argentaria SA (BBVA) has put up for sale a EUR2 billion portfolio of foreclosed properties, and non-performing consumer loans and mortgages, and hopes to close the sale by the end of September, Chief Financial Officer Manuel Gonzalez Cid said Tuesday.
Spain's second-largest bank by assets will receive binding bids for the portfolio in August, Mr. Gonzalez Cid said.
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(END) Dow Jones Newswires
July 31, 2012 05:02 ET (09:02 GMT)
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