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Kutxabank
Kutxabank is a Spanish bank founded and based in Bilbao. It was officially created on 1 January 2012 out of the merger of three Basque financial institutions operating in their respective provinces: Bilbao Bizkaia Kutxa (BBK), based in Bilbao; Gipuzkoa Donostia Kutxa (Kutxa), based in San Sebastián; and Caja Vital Kutxa (Vital) based in Vitoria. Required by the Spanish Government's bank merger deadline, all three institutions ceased to exist as savings banks after a long period of internal deliberation and integration. Kutxabank operates in Andalusia and Extremadura with the brand CajaSur. History The European stress test measuring solvency in periods of credit crisis showed that Kutxabank ranked first in Spain, standing out as the soundest financial institution (data published in October 2014). A report issued by the European Bank Authority in December 2020 considered Kutxabank the most solvent bank in Spain, also ranking higher than the European average. External links Off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kutxa
The Kutxa (pronounced ; short for eu, Gipuzkoa eta Donostiako Aurrezki Kutxa "Savings Bank of Gipuzkoa and San Sebastián") is a savings bank mainly operating within a regional scope in the Gipuzkoa province of Spain. Its Spanish name is ''Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastián'' but it was re-branded as ''Kutxa''. On 1 January 2012 it merged with other Basque financial entities (a "loose merger"), Bilbao Bizkaia Kutxa (BBK) and Caja Vital Kutxa, to form Kutxabank. Government Kutxa, like the rest of Basque savings banks, was founded in the years following the definite loss of the charters (1876) in the middle of growing industrial development and new business opportunities. It constitutes a financial entity with entrenched roots in the social and economic fabric of Gipuzkoa, featuring an intricate system of management and internal control organs: * The General Assembly: 79 seats representing the founding agencies (14 seats), private depositors (36), town ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Spain
This is a list of banks in Spain. Spain has 10 banking groups that are directly supervised by the European Central Bank. As of September 2021, the "big four" in Spain are: * Banco Santander * BBVA * 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). List of banks by total assets Central bank *Bank of Spain Major banks *Banco Santander *Banco Bilbao Vizcaya Argentaria *CaixaBank *Banco Sabadell *Bankinter *Kutxabank *Abanca *Banca March Smaller banks *N26 References External links The best banks for expats in Spain {{List of banks in Europe Banks Spain Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilbao
) , motto = , image_map = , mapsize = 275 px , map_caption = Interactive map outlining Bilbao , pushpin_map = Spain Basque Country#Spain#Europe , pushpin_map_caption = Location within Basque Country##Location within Spain##Location within Europe , pushpin_relief = yes , subdivision_type = Country , subdivision_name = , subdivision_type1 = Autonomous community , subdivision_name1 = Basque Country , subdivision_type2 = Province , subdivision_name2 = Biscay , subdivision_type3 = Comarca , subdivision_name3 = Greater Bilbao , seat_type = , seat = , coordinates = , coordinates_footnotes = , elevation_m = 19 , elevation_min_m = 0 , elevation_max_m = 689 , area_footnotes = , area_total_km2 = 41.50 , area_urban_km2 = 18.22 , ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CajaSur
CajaSur is a Spanish savings bank, property of Kutxabank. It has offices in Andalusia and Extremadura. Until 2011, CajaSur was a Spanish savings bank, run by the priests in the Catholic Church, located in Córdoba, Spain Córdoba (; ),, Arabic: قُرطبة DIN: . or Cordova () in English, is a city in Andalusia, Spain, and the capital of the province of Córdoba. It is the third most populated municipality in Andalusia and the 11th overall in the country. The .... It was seized in May 2010 and defaulted in December 2010. References Banks of Spain {{Spain-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilbao Bizkaia Kutxa
Bilbao Bizkaia Kutxa (BBK) (Basque for 'Bilbao Biscay Savings Bank') was a Spanish savings bank based in the province of Biscay in the Basque Country, Spain. Its full name was Bilbao Bizkaia Kutxa, Aurrezki Kutxa eta Bahitetxea (in Spanish Caja Bilbao Vizcaya, Caja de Ahorros y Monte de Piedad). It was formed in 1990 when the Caja de Ahorros Municipal de Bilbao and the Bizkaiko Aurrezki Kutxa-Caja de Ahorros Vizcaína were merged. The company headquarters were in Bilbao. On 1 January 2012 it merged with other Basque financial entities (a "loose merger"), Kutxa and Caja Vital Kutxa, to form Kutxabank. BBK won a bid to take over CajaSur on 16 July 2010. The transaction created the 7th largest financial institution of Spain. The savings bank had minority investments in the following companies: Iberdrola 6,84%, Euskaltel 33,99%, Enagas 5%, Red Eléctrica Red is the color at the long wavelength end of the visible spectrum of light, next to orange and opposite violet. It h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), 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, consumer-finance companies, brokerage firm, stock brokerages, investment management, 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 Gramm-Leach-Bliley Act, 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 Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andalusia
Andalusia (, ; es, Andalucía ) is the southernmost Autonomous communities of Spain, autonomous community in Peninsular Spain. It is the most populous and the second-largest autonomous community in the country. It is officially recognised as a Nationalities and regions of Spain, "historical nationality". The territory is divided into eight Provinces of Spain, provinces: Province of Almería, Almería, Province of Cádiz, Cádiz, Province of Córdoba (Spain), Córdoba, Province of Granada, Granada, Province of Huelva, Huelva, Province of Jaén (Spain), Jaén, Province of Málaga, Málaga, and Province of Seville, Seville. Its capital city is Seville. The seat of the High Court of Justice of Andalusia is located in the city of Granada. Andalusia is located in the south of the Iberian Peninsula, in southwestern Europe, immediately south of the autonomous communities of Extremadura and Castilla-La Mancha; west of the autonomous community of Region of Murcia, Murcia and the Mediterr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Under Direct Supervision Of The European Central Bank
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2012
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basque Companies
Basque may refer to: * Basques, an ethnic group of Spain and France * Basque language, their language Places * Basque Country (greater region), the homeland of the Basque people with parts in both Spain and France * Basque Country (autonomous community), an autonomous region of Spain * Northern Basque Country, in the western part of the Pyrénées-Atlantiques of France * Southern Basque Country, both the Basque Autonomous Community and Navarre Other uses * Basque (clothing), or old basque, an item of women's apparel * Basque (grape), a white wine grape See also * Basque cuisine, the cuisine of the Basque people * Basque music, the music of the Basque people * Basque conflict * List of people from the Basque Country * Port aux Basques (Port Basque), Newfoundland, Newfoundland and Labrador, Canada; a town district * * * Bask (other) * BASC (other) BASC may refer to: * Berkeley APEC Study Center * Berlin Air Safety Center * British Association for Shooting and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Spain
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extremadura
Extremadura (; ext, Estremaúra; pt, Estremadura; Fala: ''Extremaúra'') is an autonomous community of Spain. Its capital city is Mérida, and its largest city is Badajoz. Located in the central-western part of the Iberian Peninsula, it is crossed from east to west by the Tagus and Guadiana rivers. The autonomous community is formed by the two largest provinces of Spain: Cáceres and Badajoz. Extremadura is bordered by Portugal to the west and by the autonomous communities of Castile and León (north), Castilla–La Mancha (east) and Andalusia (south). It is an important area for wildlife, particularly with the major reserve at Monfragüe, which was designated a National Park in 2007, and the International Tagus River Natural Park (''Parque Natural Tajo Internacional''). The regional executive body, led by the President of Extremadura, is called Junta de Extremadura. The Day of Extremadura is celebrated on 8 September. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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