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CaixaBank, S.A. (Catalan pronunciation: [ˌkaʃəˈbaŋ]), formerly Criteria CaixaCorp, is a Spanish multinational financial services company. CaixaBank is based in Valencia, with operative offices in Barcelona and Madrid. It is Spain's third-largest lender by market value, after Banco Santander and BBVA.
CaixaBank; Banco Sabadell; There were formerly a "big six" (los seis grandes) composed of three banks that are now part of BBVA (Banco de Bilbao, Banco de Vizcaya, and state-owned Banco Argentaria) and three now combined as Santander (Banco Central, Banco Hispanoamericano, and Banco de Santander).
On February 28, 2013, CaixaBank finalized the acquisition of 98.9% of Banco de Valencia after regulatory approval. The asset protection scheme became effective, covering 72.5% of losses from SMEs and guarantees. [4] In July 2013, Banco de Valencia was fully integrated into CaixaBank, with the brand retained in Valencia and Castellón offices. [5]
In 2012, Bankia was the third-largest lender in Spain but the largest holder of real estate assets at €38 billion. [8] On 7 May 2012, Rodrigo Rato stepped down as chairman of Bankia SA, in order to clear the way for a rescue plan that the Spanish government hoped would persuade international investors of the country's financial stability.
The foundation commonly dates itself to the 1990 creation of the Caixa d'Estalvis i Pensions de Barcelona (Spanish: Caja de Ahorros y Pensiones de Barcelona, "La Caixa") as a merger of the Caja de Ahorros y Monte de Piedad de Barcelona founded in 1844 and commonly known as Caja de Barcelona, founded in 1844, with the Caja de Pensiones para la Vejez y de Ahorros de Cataluña y Baleares, founded ...
In total, the province of Valencia represents 5% of Spain's GDP, according to CaixaBank Research, which estimates that the disaster could reduce national economic output by one to two percentage ...
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
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