Caja de Ahorros del Mediterráneo

''Caja de Ahorros del Mediterráneo'' (CAM; Mediterranean Savings Bank) was a Spanish savings bank in Alicante, Valencia.

The savings bank failed with the burst of the property bubble on Spain's Mediterranean coast. In the first nine months of 2011 it had lost €1.7 billion and the bad loans ratio had reached 20.8 per cent. In December 2011, it was sold to Banco Sabadell for one euro. Provided by Wikipedia