Brussels, 22/11/2011 (Agence Europe) - On 22 November, the European Commission temporarily approved a capital injection up to €1 billion and a liquidity facility of up to € 2 billion for Banco de Valencia, a small publicly-listed bank based in Valencia and Murcia in Eastern Spain. It accounts for approximatley 7% and 4% of both credit and deposits. The funds will be provided by the Spanish Fondo de Reestructuración Ordenada Bancaria (FROB), which was created in 2009 to support the...