Liberbank
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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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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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Unicaja
Unicaja is a Spanish savings bank based in Málaga and chartered as a caja de ahorros providing retail banking services. The banks full name is ''Monte de Piedad y Caja de Ahorros de Ronda, Cádiz, Almería, Málaga y Antequera'' after the names of all the merged entities and the mount of piety structure. It is similar to what would be called a savings and loan association in the United States, or a building society or trustee savings bank in the UK and Ireland. It operates primarily in the south of Spain. History Unicaja was founded 18 March 1991 with the merger of five similar institutions, each of which contributed its location to the corporate name of the merged entity: * Monte de Piedad y Caja de Ahorros de Ronda (founded 1909) * Caja de Ahorros y Monte de Piedad de Cádiz (founded 1884) * Monte de Piedad y Caja de Ahorros de Almería (founded 1900) * Caja de Ahorros Provincial de Málaga (founded 1949) * Caja de Ahorros y Préstamos de Antequera (founded 1904) On 30 ...
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Sociedad Anónima
The abbreviation S.A. or SA designates a type of limited company in certain countries, most of which have a Romance languages, Romance language as their official language and employ civil law (legal system), civil law. Originally, shareholders could be literally anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were therefore paid to whoever held the certificate. Share certificates could be transferred privately, and therefore the management of the company would not necessarily know who owned its shares. As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company in order to obscure the beneficiary. In different countries S.A. can be an abbreviation of: * in Gali ...
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Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and its monocentric metropolitan area is the third-largest in the EU.United Nations Department of Economic and Social AffairWorld Urbanization Prospects (2007 revision), (United Nations, 2008), Table A.12. Data for 2007. The municipality covers geographical area. Madrid lies on the River Manzanares in the central part of the Iberian Peninsula. Capital city of both Spain (almost without interruption since 1561) and the surrounding autonomous community of Madrid (since 1983), it is also the political, economic and cultural centre of the country. The city is situated on an elevated plain about from the closest seaside location. The climate of Madrid features hot summers and cool winters. The Madrid urban agglomeration has the second-large ...
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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 ...
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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 communities of Spain, autonomous community in northwest Spain. It is coextensive with the provinces of Spain, 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 of Asturias, ''comarcas'' (counties), the autonomous community of Asturias is bordered by Cantabria to the east, by Province of León, León (Castile and León) to the south, by Province of Lugo, Lugo (Galicia (Spain), Galicia) to the west, and by the Cantabrian Sea, 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 oceanic climate, maritime climate. It receives plenty of annual rainfall and little sunshine by Spanish ...
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Cantabria
Cantabria (, also , , Cantabrian: ) is an autonomous community in northern Spain with Santander as its capital city. It is called a ''comunidad histórica'', a historic community, in its current Statute of Autonomy. It is bordered on the east by the Basque autonomous community (province of Biscay), on the south by Castile and León ( provinces of León, Palencia and Burgos), on the west by the Principality of Asturias, and on the north by the Cantabrian Sea (Bay of Biscay). Cantabria belongs to ''Green Spain'', the name given to the strip of land between the Bay of Biscay and the Cantabrian Mountains, so called because of its particularly lush vegetation, due to the wet and moderate oceanic climate. The climate is strongly influenced by Atlantic Ocean winds trapped by the mountains; the average annual precipitation is about . Cantabria has archaeological sites from the Upper Paleolithic period, although the first signs of human occupation date from the Lower Paleolithic. ...
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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.
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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