Brussels, 30/09/2011 (Agence Europe) - On Friday 30 September, the European Commission granted temporary approval to the recapitalisations of NCG Banco, Catalunya Banc and Unnim Banc by the Fondo de Reestructuración Ordenada Bancaria (“FROB”). All three banks were created this year as part of the restructuring of the Spanish savings banks system. NCG Banco brought together the banking business of the savings bank Novacaixagalicia that was its sole owner before the FROB granted a...