Girish Mahajan (Editor)

CatalunyaCaixa

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Type
  
Bank

Total assets
  
€81.020 billion (2010)

Customer service
  
00 34 900 120 012

Headquarters
  
Barcelona

Industry
  
Financial services

Number of employees
  
8,000 (2010)

Founded
  
1 July 2010, Spain

CatalunyaCaixa wwwcostarcoukGlobalCompany20logoscatalunyac

Key people
  
Adolf Todó i Rovira (CEO)

Products
  
Consumer Banking Corporate Banking

Parent organization
  
Banco Bilbao Vizcaya Argentaria

Subsidiaries
  
Corporacion Betica Inmobiliaria SA

CatalunyaCaixa ([kətəˌɫuɲəˈkaʃə]) is the trading name of Catalunya Banc S.A., a Spanish bank with headquarters in Barcelona and owned by BBVA. Its area of influence is located mainly at Catalonia. It is the fourth largest savings bank in Spain in terms of consolidated assets, with €81.020 billion.

It was founded on 1 July 2010 by the fusion of Caixa Catalunya, Caixa Tarragona and Caixa Manresa. The new savings bank had 1,212 branches and over 4 million customers.

During 2011 and 2012, CatalunyaCaixa received a total of €12.052 billion capital investment from the Spanish government's Fondo de Reestructuración Ordenada Bancaria (Fund for Orderly Bank Restructuring). The September 2011 capital injection effectively nationalised the bank, raising FROB's ownership to 89.74%.

In 2015, CatalunyaCaixa was purchased by Spanish banking group BBVA for a total of €1.187 billion.

References

CatalunyaCaixa Wikipedia