Caja Castilla-La Mancha
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Caja Castilla-La Mancha
Caja Castilla-La Mancha ( Spanish for: Castilla-La Mancha Savings Bank) also known as C''aja de Ahorros de Castilla-La Mancha'' or ''CCM'' was a Spanish savings bank headquartered in Cuenca. In 2010, Cajastur took over the financial business of Caja Castilla-La Mancha (CCM) through its subsidiary Banco Liberta, which changed its name to Banco Castilla-La Mancha. After the transfer of Cajastur's financial business to Liberbank, Banco Castilla-La Mancha became a subsidiary of Liberbank. The transformation of the bank's Obra Social gave rise to the Fundación Caja Castilla La Mancha. History It was created as the result of the merger of three provincial savings banks: ''Caja de Ahorros Provincial de Albacete, Caja de Ahorros de Cuenca y Ciudad Real'' and ''Caja de Ahorros Provincial de Toledo'' on June 26, 1992. After the merger, only two savings banks were left with headquarters in the community: Caja Castilla-La Mancha itself and Caja de Guadalajara. In 1999, the possible ...
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Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish language, Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary state, Unitary Parliamentary system, parliamentary constitutional monarchy , leader_title1 = Monarchy of Spain, Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister of Spain ...
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2008–2014 Spanish Real Estate Crisis
The expression Spanish real estate crisis or property crisis that began in 2008 refers to the set of economic indicators (sharp fall in the price of housing in Spain, credit shortages, etc.) that, with all their severity in 2010, would evidence the deterioration of real estate expectations and of the construction industry in Spain in the context of a global economic crisis and the property bubble in Spain. Such indicators would be, mainly, the decline in units sold, the sharp fall in housing prices (more or less pronounced depending on the region) and the increase in the number of developers and construction companies declared bankrupt or in financial difficulties. Spain, however, is not the only country affected. The crisis has spread to other areas, leading to the Spanish crisis of 2008-2014. Background Since about 1985 the Spanish construction industry had experienced a remarkable expansion. It was not only a classic economic bubble; it was part of the so-called global re ...
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Banks Disestablished In 2010
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1992
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Spanish Socialist Workers' Party
The Spanish Socialist Workers' Party ( es, Partido Socialista Obrero Español ; PSOE ) is a social-democraticThe PSOE is described as a social-democratic party by numerous sources: * * * * political party in Spain. The PSOE has been in government longer than any other political party in modern democratic Spain, namely from 1982 to 1996 under Felipe González; from 2004 to 2011 under José Luis Rodríguez Zapatero; and currently since 2018 under Pedro Sánchez. The PSOE was founded in 1879, making it the oldest party currently active in Spain. The PSOE played a key role during the Second Spanish Republic, being part of coalition government from 1931 to 1933 and from 1936 to 1939, when the Republic was defeated by Francisco Franco in the Spanish Civil War. The party was then banned under Franco's dictatorship and its members and leaders were persecuted or exiled. The PSOE was only legalised again in 1977. Historically a Marxist party, it abandoned Marxism in 1979. Just like ...
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Audiencia Nacional
The Audiencia Nacional (; en, National Court) is a centralised court in Spain with jurisdiction over all of the Spanish territory. It is specialised in a certain scope of delinquency, having original jurisdiction over major crimes such as those committed against the Crown and its members, terrorism, forgery of currency, credit and debit cards and checks, some trade crimes committed in more than one region and over drug trafficking, food frauds and medical frauds committed in a nationwide level as well as over international crimes which come under the competence of Spanish courts.LOPJ § 65. It has also appellate jurisdiction over the cases of the Criminal Chamber of the National CourtLOPJ § 64. The Audiencia Nacional was created in 1977 at the same time as the Public Order Court (''Tribunal de Orden Público''), an exceptional court created in Francoist Spain, ceased to exist. Most of the rulings of the National Court can ultimately be appealed before the Supreme Court (''T ...
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Pablo Ruz
Pablo Rafael Ruz Gutiérrez (born Madrid, 1975) is a Spanish judge. He is best known for his part in investigating the Gurtel corruption scandal (previously handled by Baltasar Garzón and Antonio Pedreira) and the related Barcenas affair, but has handled other prominent cases. He was educated at Comillas Pontifical University. In 2008, while still in his 20s, he was appointed to Spain's central criminal court, the ''Audiencia Nacional'', on a temporary basis. He was re-appointed in 2010, filling the vacancy left by Baltasar Garzón. Although the appointment was again on an interim basis, he served there until 2015, when he took up a position in Móstoles. Media portrayal Ruz was portrayed by the actor Manolo Solo in the 2015 film ''B, la película ''B, la película'' (English: "B, the film") is a 2015 Spanish legal drama film directed by David Ilundain.
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Layoff
A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing (reducing the size of) an organization. Originally, ''layoff'' referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with wrongful termination. ''Laid off workers'' or ''displaced workers'' are workers who have lost or left their jobs because their employer has closed or moved, there was insufficient work for them to do, or their position or shift was abolished (Borbely, 2011). Downsizing in a company is defined to involve the reduction of employees in a workforce. Downsizing in companies became a popular practice in the 1980s and ...
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Citizens (Spanish Political Party)
Citizens ( es, link=no, Ciudadanos ; ca, link=no, Ciutadans ; eu, link=no, Hiritarrak; gl, link=no, Cidadáns; shortened as Cs—C's until January 2017), officially Citizens–Party of the Citizenry (''Ciudadanos–Partido de la Ciudadanía''), is a liberal political party in Spain. Founded in Catalonia in 2006, the party received 25.4% of votes and 36 deputies in the December 2017 Catalan regional election, making it the largest single party in the Parliament of Catalonia. Nevertheless, it has never taken power so its actual political stance remains a source of debate between supporters and adversaries, beyond a strong opposition to Catalan nationalism and the Catalan independence movement. The party used the phrase "Catalonia is my homeland, Spain is my country and Europe is our future" to outline the ideology which the party self-describes as postnationalist. In spite of that, it has been deemed by a variety of sources to profess a populist Spanish nationalist ideology. T ...
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Oviedo
Oviedo (; ast, Uviéu ) is the capital city of the Principality of Asturias in northern Spain and the administrative and commercial centre of the region. It is also the name of the municipality that contains the city. Oviedo is located approximately southwest of Gijón and south of Avilés, both of which lie on the shoreline of the Bay of Biscay. Oviedo's proximity to the ocean of less than in combination with its elevated position with areas of the city more than 300 metres above sea level causes the city to have a maritime climate, in spite of its not being located on the shoreline itself. History The Kingdom of Asturias began in 720, with the Visigothic aristocrat Pelagius's (685–737) revolt against the Muslims who at the time were occupying most of the Iberian Peninsula. The Moorish invasion that began in 711 had taken control of most of the peninsula, until the revolt in the northern mountains by Pelagius. The resulting Kingdom of Asturias, located in an eco ...
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Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Ac ...
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