Industry Finance and Insurance Founded 1946 | Headquarters Oviedo, Spain | |
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Type savings and loan association Key people Manuel Menéndez Menéndez Subsidiaries Caja de Ahorros de Asturias, Asset Management Arm | ||
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 necessitiess 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 controles the asturian telecommunications enterprise TeleCable.
In 2011 it was integrated into Liberbank.