Bankia, SA. (CATS:BKIA) is scheduled to receive binding bids for its broker Bankia Bolsa, Sociedad de Valores, S.A. on July 23, 2013, local daily Expansion said. The potential buyers are Sociedade Comercial Orey Antunes SA (ENXTLS:ORE) and GVC Gaesco Valores S.V. S.A. The winning offer is likely to be announced by the end of the July 2013.

The sale of Bankia Bolsa is in line with Bankia's strategy to divest non-core assets, thus complying with the European Union's capital requirements.