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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%.
The whole investment into Emporiki cost around €9 billion. The remaining Greek part was sold off to Alpha Bank for €1. Crédit Agricole also withdrew totally from Spanish bank Bankinter, resulting in a book loss of €193 million, and took a massive €600 million write-down on consumer credit, notably owing to difficulties in Italy. [25]
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 ...
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.
It was founded on 1 July 2010 by the fusion of Caixa Catalunya, Caixa Tarragona and Caixa Manresa. The new savings bank had 1,212 branches and over 4 million customers. [1] During 2011 and 2012, CatalunyaCaixa received a total of €12.052 billion capital investment from the Spanish government's Fondo de Reestructuración Ordenada Bancaria ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
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 ...
It was created following the forced merger of the two major savings banks in the region, Caixa Galicia and Caixanova. This new caixa for Galicia became the fourth-largest in Spain with consolidated assets valued at €78.1 billion, [ 1 ] and fourth-largest in terms of savings accounts, with €108.4 billion - 6% of Spanish savings banks.