savings banks



Spain's banking sector

Spain’s Banking Sector In 2020: Seven Lenders Remaining?

A lot of matters need to be addressed in Spain’s banking sector in the next four years. Urgent matters are the full privatisation of Bankia and the irrelevant BMN; completing the transformation of the savings banks (La Caixa, Kutxabank, Ibercaja, Unicaja and Liberbank), the adjustment of Banco Popular and the retirement of the post-war bankers.



Bankia's president J.I. Goirigolzarri

Bankia’s dividend: Timely or premature?

MADRID | April 24, 2015 | By Fernando G. Urbaneja | Bankia held its general meeting in Valencia (headquarters of one of the integrated in the brand new boxes) this week to approve its 2014 results –the year of the firm’s regeneration– and design its future roadmap. One of its non-explicit goals is to accelerate the partial and progressive privatization of the entity before November general elections in Spain.


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Loyal to its initial spirit, La Caixa becomes a foundation

MADRID | By Fernando G. Urbaneja | A Council of 15 members with different sensibilities, experiences, but solid and with personality. The new La Caixa Foundation maintains the character of the old savings bank, and is committed to professional and political independence. A delicate and subtle game of checks and balances.





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Debt difficults Spanish banks mergers and auctions

José Luis Marco, CAPITAL MADRID | Spanish government’ two first RDL condemned more than one financial institution to the red throughout this exercise. The sentence has not been limited to the four entities under the FROB umbrella but has also reached some entities that are in the process of integration with other groups, such as CEISS Bank, Caja Duero Spain, in full merger with Unicaja, to take losses of 125…