page_title: Caja de Ahorros del Mediterráneo
hierarchical_section_title: Caja de Ahorros del Mediterráneo
context_page_description: Caja de Ahorros del Mediterráneo was a Spanish savings bank in Alicante, Valencia.
  The savings bank failed with the burst of the property bubble on Spain's Mediterranean coast. In the first nine months of 2011 it had lost €1.7bn and the bad loans ratio has reached 20.8 per cent. In December 2011, it was sold to Banco Sabadell for one euro.
context_section_description: Caja de Ahorros del Mediterráneo (CAM; Mediterranean Savings Bank) was a Spanish savings bank in Alicante, Valencia.
  The savings bank failed with the burst of the property bubble on Spain's Mediterranean coast. In the first nine months of 2011 it had lost €1.7bn and the bad loans ratio has reached 20.8 per cent. In December 2011, it was sold to Banco Sabadell for one euro.
caption: The CAM building in Alicante.
exif: {}