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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%.
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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.
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Caja General de Ahorros de Canarias in Barcelona.. In Spain, a savings bank (Spanish: caja de ahorros or informally just caja, Catalan: caixa d'estalvis, Galician: caixa de aforros, informally 'caixa', Basque: aurrezki kutxa) is a financial institution that specializes in accepting savings deposits and granting loans.
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 ...