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1880 — Caixa Económica Portuguesa was founded as a savings bank for Portugal's poorer classes. 1885 — The two Caixas merged. 1896 — CGD was spun off from the Junta de Crédito Público. This was followed by the creation of Caixa de Aposentações for wage earners and Monte de Piedade Nacional, a pawnbroking operation.
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.
Banco Espírito Santo : bailed-out by the Portuguese state in 2014 and re-organised into Novobanco; Banco Português do Atlântico; Banco Português de Negócios : sold to the Angolese Bank Banco BIC in 2012
On 25 October 2007, BPI offered a merger proposal with Millennium BCP, the largest private bank of Portugal. However, the board of BCP rejected the proposal. Until 2017 the bank's shares were listed in the Euronext Lisbon's PSI-20 stock index. CaixaBank raised its stake from 45% to 84.5% in 2017, took the bank private, and then acquired all the ...
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).
The liquidation of the La Caixa Foundation took place on 16 October 2014 while the transfer of the stake in CaixaBank took place on 14 October 2014. [14] On 26 June 2014, the president of CaixaBank and until then president of the savings bank, Isidro Fainé, was elected president of the Board of Trustees of the La Caixa Banking Foundation. [15]
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Portugal's Finance Minister Fernando Teixeira dos Santos told a press conference after a special cabinet meeting that the government was to assure deposits in BPN, and that the management of BPN was to be given to the Caixa Geral de Depósitos (Portugal's public bank) under Bank of Portugal's (Banco de Portugal, the Portuguese Central Bank) supervision from November 3, 2008, to prevent a ...