Caja General de Ahorros de Canarias known as Caja Canarias was a Spanish saving bank that served the

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 Morocc ...

. It was taken over by

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.

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 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 admi ...

. This was the first financial institution in the

. , 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

in 2012 as part of a government institutional protection system (SIP) that was used as a consolidation mechanism for credit institutions in Spain.

References

{{Portal, Banks Defunct banks of Spain Santa Cruz de Tenerife Banks established in 1984 Companies of the Canary Islands CaixaBank