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Cajastur
The ''Caja de Ahorros de Asturias'' (''Cajastur'') is a savings and loan association of the Principality of Asturias. ''Caja de Ahorros de Asturias'' is the trade name of the enterprise while ''Cajastur'' is the commercial brand name it commonly uses. Its activities concentrate on retail banking, focusing primarily on the economic necessities of regional households, local corporations as well as small and medium-sized enterprises. History The origin of the bank date back to 1880, when the Monte de Piedad y Caja de Ahorros de Oviedo was founded. It became the Caja de Ahorros de Asturias in 1946 after a merger with the Caja de Ahorros y Monte de Piedad Municipal de Gijón. Presently Cajastur has around 200 offices in Asturias and some 40 outside the Principality. It controls the asturian telecommunications enterprise TeleCable. On September 21, 2010, Cajastur took definitive control of the financial business of Caja Castilla-La Mancha (CCM) with the notarization and presentatio ...
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Liberbank
Liberbank was a Spanish financial services company constituted by a merger of Group Cajastur, Caja de Extremadura and Caja Cantabria. It was established from the combination of the assets and liabilities of the banking business (excluding those pertaining to the social work of each savings bank). Liberbank has a national presence and is a leader in the retail markets of Asturias, Cantabria, Castile-La Mancha and Extremadura. On 23 May 2011, Effibank was established as a bank SIP Group Cajastur, Caja de Extremadura and Caja Cantabria. From 19 July 2011, the bank operated under the brand Liberbank. Subsequently, the trade name of Effibank (Effibank SA) was also replaced and became Liberbank SA. On 29 May 2012, Banco Caja3 and Ibercaja merged. Thus born the seventh Spanish financial institution. However, the merger was canceled in October 2012 as a result of the stress test of Oliver Wyman and capital requirements Liberbank scenarios shown in this document. On 20 December 2012, t ...
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Savings And Loan Association
A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms "S&L" or "thrift" are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization like the members of a credit union or the policyholders of a mutual insurance company. While it is possible for an S&L to be a joint-stock company, and even publicly traded, in such instances it is no longer truly a mutual association, and depositors and borrowers no longer have membership rights and managerial control. By law, thrifts can have no more than 20percent of their lending ...
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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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Principality Of Asturias
Asturias (, ; ast, Asturies ), officially the Principality of Asturias ( es, Principado de Asturias; ast, Principáu d'Asturies; Galician-Asturian: ''Principao d'Asturias''), is an autonomous community in northwest Spain. It is coextensive with the province of Asturias and contains some of the territory that was part of the larger Kingdom of Asturias in the Middle Ages. Divided into eight ''comarcas'' (counties), the autonomous community of Asturias is bordered by Cantabria to the east, by León (Castile and León) to the south, by Lugo ( Galicia) to the west, and by the Cantabrian sea to the north. Asturias is situated in a mountainous setting with vast greenery and lush vegetation, making it part of Green Spain. The region has a maritime climate. It receives plenty of annual rainfall and little sunshine by Spanish standards and has very moderated seasons, most often averaging in the lower 20s celsius. Heatwaves are rare due to mountains blocking southerly winds. Winters ...
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Finance And Insurance
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financial s ...
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Oviedo01
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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Principality
A principality (or sometimes princedom) can either be a monarchical feudatory or a sovereign state, ruled or reigned over by a regnant-monarch with the title of prince and/or princess, or by a monarch with another title considered to fall under the generic meaning of the term ''prince''. Terminology Most of these states have historically been a polity, but in some occasions were rather territories in respect of which a princely title is held. The prince's estate and wealth may be located mainly or wholly outside the geographical confines of the principality. Generally recognised surviving sovereign principalities are Liechtenstein, Monaco, and the co-principality of Andorra. Extant royal primogenitures styled as principalities include Asturias (Spain). The Principality of Wales existed in the northern and western areas of Wales between the 13th and 16th centuries; the Laws in Wales Act of 1536 which legally incorporated Wales within England removed the distinction between th ...
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TeleCable (Spain)
Telecable is a cable company that operates in Asturias (northern Spain) offering triple play services (telephone, Internet and television) as well as mobile phone services as an MVNO since 2007. The company started out as Telecable de Oviedo, Telecable de Gijón and Telecable de Avilés in 1995. In December 1998 it is given a license to work in all Asturias. From 2011, it started deploying a fiber network infrastructure in another Spanish region, Extremadura. In 2015 the company was acquired by Zegona Communications plc for a sum of 640 million euros. In July 2017, Euskaltel acquired Telecable. See also * Cogent Communications * Euskaltel — Basque telecommunications company, owner of Telecable * Tata Communications Tata Communications Limited (previously known as Videsh Sanchar Nigam Limited) is an Indian telecommunications company. It was previously a government- owned-telecommunications service provider and under the ownership of Department of Telec ... * R — Gali ...
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