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May 29, 2012 6:00 AM EST

BFA, the parent group of nationalised Spanish bank Bankia , said on Monday it had restated its 2011 results to reflect a 3.3 billion euro (2.64 billion pounds) loss, rather than a 41 million euro profit, following a bailout from the state.

In a statement to the stock exchange regulator, BFA said the restated loss reflected a review of its loan portfolios and capital needs after a new audit and as part of the clean-up plan implemented by the government.

BFA last Friday asked for a public bailout of 19 billion euros on top of an earlier cash injection of 4.5 billion euros.

(Reporting by Jesus Aguado,; Editing by Julien Toyer and Sarah Morris)

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Copyright 2012 Thomson Reuters UK. All rights reserved.

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