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Santander creates a global Wealth Management division, comprising private banking and asset management, and appoints Víctor Matarranz as Head

Santander creates a global Wealth Management division, comprising private banking and asset management, and appoints Víctor Matarranz as Head

Santander today announced the creation of a new division which will integrate its private banking and asset management businesses. The new Wealth Management division will be led by Victor Matarranz, until now head of Group Strategy. The new structure will enable the Group to provide better service to Santander’s global private banking customers and build on its competitive advantage in 10 major markets. Read more »

Bankia provided nearly €5.7 billion to support companies’ foreign trade activities to June, a 22% increase

Bankia provided nearly €5.7 billion to support companies’ foreign trade activities to June, a 22% increase

Bankia provided nearly €5.7 billion to help finance the foreign trade activities of Spanish companies during the first six months of the year, a year-on-year increase of 22.4% compared to €4.655 billion for the same period last year. Read more »

Bankia ranked once again on Dow Jones Sustainability Index (DJSI) as one of most sustainable firms in the world

Bankia ranked once again on Dow Jones Sustainability Index (DJSI) as one of most sustainable firms in the world

Bankia’s inclusion on the DJSI in 2016 was an important achievement for the firm, which has risen up the rankings after making improvements in certain areas. Analysts consider the index to be the most prestigious in the world. Read more »

José Ignacio Goirigolzarri reiterates that the merger with BMN will boost banking business revenues and increase profitability

José Ignacio Goirigolzarri reiterates that the merger with BMN will boost banking business revenues and increase profitability

The transaction will lead to higher revenues in both net interest income and in fees and commissions
Goirigolzarri said that these potential revenue synergies “are not included in the profitability calculations of the transaction”. Read more »

Ant Financial’s premium payment service has expanded into Spain

Ant Financial’s premium payment service has expanded into Spain

The Chinese payment firm announced this week that Spanish retailers will now support Alipay capability in their stores thanks to an agreement between it and Spanish bank BBVA. Read more »

Last Added Banks

Sabadell Bank

Sabadell Bank

Sabadell Bank is the fourth Spanish banking group, formed by various banks, brands, subsidiaries and affiliates that cover all areas of financial business under one common denominator: professionalism and quality. 

Bankia

Bankia

Bankia is the Spanish financial institution, subsidiary of Financial Savings Bank. It is the first Spanish bank for domestic business, with total assets of 272,000 million euros and a net equity value of 12,000 million euros. 

Banca March

Banca March

Banca March is the largest family-owned bank in Spain primarily focused on Private Banking, Wealth Management Business, and family businesses.
It was founded in 1926 by D. Ordinas Juan March in Palma de Mallorca. 

Fiare Bank

Fiare Bank

Fiare bank is a project created with the aim to promote solidarity economy as an alternative to conventional financial system.
The Bank’s mission is to manage nonprofit, financial inter-mediation for economic solidarity incorporating all criteria of economic democracy. 

CatalunyaCaixa

CatalunyaCaixa

CatalunyaCaixa is the trade name of Catalunya Banc SA, a financial institution that owns the banking business of Caja de Ahorros de Catalunya, Tarragona i Manresa, a savings bank operating under the same brand, that was the product of the merger of Caixa Catalunya, Caixa Tarragona and Caixa Manresa. 

Kutxabank

Kutxabank

Kutxabank is a bank created on January 1, 2012 as a result of integration banking businesses of three Basque savings banks: BBK (including CajaSur), Kutxa and Caja Vital, which are transferred their financial business and customer base.

Banco Mare Nostrum

Banco Mare Nostrum

Banco Mare Nostrum (BMN) is the company, founded in 2010 as a result of integration of financial business of three savings banks: Caja Murcia (41%), Caja Granada (18%) and Sa Nostra (13%), and Caixa Penedès (28%).

BBVA

BBVA

BBVA (Banco Bilbao Vizcaya Argentaria SA) is a global financial services group that offers the most complete range of products and services to individual and corporate customers. It has a strong leadership position in the Spanish market and a strong international presence in 32 countries.