MADRID Feb 14 Spain's bank restructuring fund
FROB said on Thursday that it had not yet set the price at which
nationalised lender Bankia will be recapitalised,
refuting a press report that it had decided on the valuation.
Spanish newspaper Expansion reported on Thursday that FROB
would value Bankia shares at 0.01 euros ($0.01) in an upcoming
Trading in Bankia shares was suspended on Thursday just
before 0800 GMT. A spokesman for Bankia had no immediate comment
on Expansion's report.
($1 = 0.7442 euros)
(Reporting by Sarah White, Editing by Clare Kane)