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Following the merger of state-owned Bankia and private CaixaBank, Criteria Caixa (and, therefore, the "la Caixa" Foundation) held 30.012% of the bank. On the other hand, the Government of Spain , through the FROB and its company BFA Tenedora de Acciones, became a major shareholder of the company with 16.117%.
In May 2008 Credit Agricole identified €5 billion of asset disposals including the bank's 5.6 percent stake in Italian bank Intesa Sanpaolo, which was worth an estimated €3 billion. The group purchased in August 2006 Emporiki Bank for €2.2 billion which it later sold for one euro after suffering €6 billion of losses in the investment. [45]
In 2018, the La Caixa Banking Foundation had an allocated budget of 520 million euros. The foundation, one of the most significant worldwide, supported more than 11 million people in 2017, through nearly 50,000 initiatives. [15] According to the OECD, La Caixa Banking Foundation's financing for 2019 development increased by 58% to US$33.9 ...
In late 2016 the legal name of the bank became Crédit Agricole Cariparma S.p.A.. One unified website was also used for the three brands of the Italian banking group, as well as one brand Crédit Agricole Italia was used. The unified brand was announced in March 2016 along with other items in Crédit Agricole Group's 2016–2020 business plan.
Caixa Rural Galega, Sociedad Cooperativa de Crédito Limitada Gallega is a Galician cooperative bank founded in 1966 in Lugo, where it keeps its headquarters.It is owned by about 15.000 members (2016) [1] and is considered the only galician financial institution that is wholly locally owned [2] since all other banks and savings banks were sold or merged in the last decade: Caixa Galicia ...
The Cajamar Cooperative Group (Spanish: Grupo Cooperativo Cajamar) is the largest grouping of agricultural cooperative banks (Spanish: cajas rurales) in Spain, with origins in the establishment in 1966 of Caja Rural de Almería, rebranded in 2000 as Cajamar Caja Rural.
A direct bank (sometimes called a branch-less bank or virtual bank) is a bank that offers its services only via the Internet, mobile app, email, and other electronic means, often including telephone, online chat, and mobile check deposit. A direct bank has no branch network.
The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report.