Caja General De Ahorros De Canarias
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Caja General De Ahorros De Canarias
Caja General de Ahorros de Canarias known as Caja Canarias was a Spanish saving bank that served the Canary Islands. It was taken over by CaixaBank in 2012. History It was founded on March 23, 1984 as the union of ''Caja General de Ahorros y Monte de Piedad de Santa Cruz de Tenerife'' and ''Caja de Ahorros Insular de La Palma''. Headquartered in Santa Cruz de Tenerife. This was the first financial institution in the Canary Islands. , the bank had over 1,600 direct employees and a network of more than two hundred offices throughout the Canary islands. It was merged into CaixaBank CaixaBank, S.A. (), formerly Criteria CaixaCorp, is a Spanish multinational financial services company. CaixaBank is based in Valencia, with operative offices in Madrid and Barcelona, Spain. It is Spain's third-largest lender by market value, aft ... in 2012 as part of a government institutional protection system (SIP) that was used as a consolidation mechanism for credit institutions in Spain. R ...
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Sede Central De CajaCanarias
Sede may refer to: People * Gérard de Sède * Marc Dion Sédé (born 1987), Ivorian football player Places * Sede, Ethiopia * Sede, district of Santa Maria, Brazil Other * SEDE, the Subcommittee on Security and Defence of the European Parliament See also * Sde (other) * SDE (other) Sde ( he, שְׂדֵה, link=no), also sometimes transliterated Sede, is a Hebrew word meaning ''field'' and may refer to the following places: * Sde Boaz * Sde Boker * Sde David * Sde Eliezer * Sde Eliyahu * Sde Ilan * Sde Moshe * Sde Nahum * ...
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Savings Bank (Spain)
In Spain, a savings bank ( es, caja de ahorros or informally just ''caja'', ca, caixa d'estalvis, gl, caixa de aforros, informally caixa, eu, aurrezki kutxa) is a financial institution that specializes in accepting savings deposit account, deposits and granting loans. Spanish banks fall into two categories: Privately owned banks (''bancos'') and government owned banks (''cajas''—literally pay office, or pay desk). The original aim was to encourage thrift among the very poor, but they evolved to compete with and rival commercial banks. Over time, most cajas colluded with regional political establishments to create a self-serving system of unscrupulous financing for regional governments provided by politically stuffed savings banks' boards which, in turn, thrived in what has been defined as "a culture of greed, cronyism and political meddling". This system was exposed in the aftermath of the global financial crisis. As a result, out of the 45 cajas in existence at the start of ...
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Canary Islands
The Canary Islands (; es, Canarias, ), also known informally as the Canaries, are a Spanish autonomous community and archipelago in the Atlantic Ocean, in Macaronesia. At their closest point to the African mainland, they are west of Morocco. They are the southernmost of the autonomous communities of Spain. The islands have a population of 2.2 million people and they are the most populous special territory of the European Union. The seven main islands are (from largest to smallest in area) Tenerife, Fuerteventura, Gran Canaria, Lanzarote, La Palma, La Gomera, and El Hierro. The archipelago includes many smaller islands and islets, including La Graciosa, Alegranza, Isla de Lobos, Montaña Clara, Roque del Oeste, and Roque del Este. It also includes a number of rocks, including those of Salmor, Fasnia, Bonanza, Garachico, and Anaga. In ancient times, the island chain was often referred to as "the Fortunate Isles". The Canary Islands are the southernmost region of Spain, and ...
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CaixaBank
CaixaBank, S.A. (), formerly Criteria CaixaCorp, is a Spanish multinational financial services company. CaixaBank is based in Valencia, with operative offices in Madrid and Barcelona, Spain. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers, and has the most extensive branch network in the Spanish market. It is listed in the Bolsa de Madrid and is part of the IBEX 35. The company consists of the universal banking and insurance activities of the La Caixa group, along with the group's stakes in the oil and gas firm Repsol, the telecommunications company Telefónica and its holdings in several other financial institutions. History The firm was formed in 2007 as Criteria CaixaCorp, a publicly traded vehicle for La Caixa's shareholdings and investments in both industrial and financial services companies. At the time of its 2007 debut, the Criteria CaixaCorp initial public offering was ...
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Santa Cruz De Tenerife
Santa Cruz de Tenerife, commonly abbreviated as Santa Cruz (), is a city, the capital of the island of Tenerife, Province of Santa Cruz de Tenerife, and capital of the Canary Islands. Santa Cruz has a population of 206,593 (2013) within its administrative limits.Instituto Canario de Estadística
, population
The urban zone of Santa Cruz extends beyond the city limits with a population of 507,306 and 538,000 within urban area. It is the second largest city in the Canary Islands and the main city on the island of , with n ...
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Defunct Banks Of Spain
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Banks Established In 1984
A bank is a financial institution that accepts Deposit account, 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 Bank regulation, 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 accounting liquidity, 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 concept ...
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Companies Of The Canary Islands
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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