credit cooperative


Spain’s largest financial partnership group to start operations in October

By Luis A. Torralba, in Valencia | | Once the technology system integration will be completed in October 12, Cajas Rurales Unidas will become the largest group of rural credit unions in Spain. CRU reached at the beginning of this year a business management volume of €69.8 billion, with €39.6 billion in assets and a healthy core capital rate of 12.62 percent. Two of the entities leading the agreement,…