May 11, 2017 / 7:22 PM / 4 months ago

BRIEF-Spain's Popular denies it is embarking on rapid sale

May 11 (Reuters) - Spain’s Banco Popular

* Says, following media report, that it “categorically denies” that the bank has embarked on an urgent sale plan

* Says denies there is any risk of bankruptcy at the bank or that the chairman has reached out to other lenders saying there is an urgent need for funds

* Says the bank is still working on several plans, as previously announced, which include a possible capital hike or corporate deal Further company coverage: (Reporting by madrid.newsroom@thomsonreuters.com)

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