Complete the sentence about Banco de Crédito e Inversiones with the correct year: In ______ BCI purchased Miami, Florida based City National Bank of Florida for $882 million from Spanish lender Bankia.

Answer and explanation

Correct answer: A. 2013

In 2013 BCI bought City National Bank of Florida, based in Miami, for $882 million from the Spanish lender. It was a US expansion.

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