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Armando Sala said that CAM "is open to all" to negotiate potential mergers and calls for "common sense prevails".

Vice President of Caja Mediterraneo (CAM), Armando Sala, assure that the entity "is open to all" when engaging in negotiations with other banks to discuss possible mergers, but they stressed that "common sense must prevail" and that Counselors will be "very careful" as its "highest aspiration is to choose what is most beneficial to the institution and the province of Alicante."

At the end of the opening ceremony, sto credits, of the Summit for the Export held today in Alicante, Armando Sala remarked, to questions from the media, Caja Mediterraneo is "open to all" facing the restructuring process of the Spanish financial system.

Regarding negotiations with broken Cajamurcia a few days ago, pointed out that "negotiations are all very hard and difficult" and added: "however much at, buy aion kinah, one time say you are closed, always, at the time you've started talk to someone, and you are an educated and informed, always open, there's always a second or third chance. "

Chamber assure you know if "officially" Discussions are under way with Caja Madrid, "but of course there are the talks and open to all," he acknowledged.

So, I emphasize that CAM, cheap aion kinah, advisers have a "hard ticket" to the situation and guarantee you will "be very cautious, and will study all those things that can benefit the good of the institution and the province, as this is the highest aspiration that has the board of directors of Caja Mediterraneo "he emphasized.

"I would like to move the society in general to understand the difficult ballot that we have, but it's a responsibility we accept that in his day, and of course we will not yield to any external pressure or anything," he said.

"Pressure" but "no burden '

In this regard, admitted that "there has been pressure, but I emphasize that you do not know" if they are pressures that have been advisers themselves, or have been the media. " "The truth is that there has been a sensation as if a tremendous burden, which is not so, there is no oppression, are working and I think well, and let's hope everything goes well," he said.

Armando Chamber also rrred to the June 30 deadline given by the Bank of Spain for this kind of operations can benefit from Fund support redevelopment of Banking Organization (Frob) and commented that it is "a term that has put the Bank of Spain, but the Bank of Spain, "he added also have to understand others, and these things, not run earlier dawns, but we will have to do things right, and the pressures are poor and at this time if there is pressure. "

"If at some point, if not on 30 June and the decision is right and proper on July 15 not happened, but must always prevail, common sense," insisted on that deadline.

Cam "can walk alone"

Moreover, asked about the situation of CAM to go it alone, make sure that this option Chamber "is not ruled out", but admitted that "logically, if there are other mergers, Caja Mediterraneo rather than the fourth, becoming the sixth or seventh, but according to director general data and information provided to the board of directors, the institution can walk alone. "