Caja de Burgos explained

Caja de Burgos
Type:1926-2013: Caja de Ahorros
2013-Nowadays: Foundation (nonprofit)
Industry:Banking
Foundation:1926
Location:Burgos, Spain
Products:Financial services
Homepage:https://www.cajadeburgos.com/

Caja de Burgos was a medium-sized savings bank, and currently a banking foundation,[1] based in the Province of Burgos in northern Spain with headquarters in Burgos city. As a savings bank, it was also known by Caja de Ahorros Municipal de Burgos.

In 2010, as a result of the European debt crisis, it was merged with Caja Canarias, Cajasol and Caja Navarra, and incorporated as a bank by means of a new notarial instrument, forming Banca Civica.[2] [3] In 2012, it was subsequently absorbed by CaixaBank.[4] [5]

Starting in 2013, the charity part of the savings bank was established as a non-profit foundation, dedicated to support the cultural heritage and social activities eventually maintained by the bank. Its charity activities included giving the award "Excellent Youth" (Jóvenes Excelentes) starting in 2006.[6]

See also

Notes and References

  1. Web site: Fundación Caja de Burgos - Información. www.cajadeburgos.com. 2019-12-23.
  2. Web site: Caja de Burgos, CajaCanarias y Caja Navarra firman el contrato del Grupo Banca Cívica. EP. 2010-04-07. Cinco Días. es. 2019-12-23.
  3. Web site: Bolsa de Madrid - Data of BANCA CIVICA, S.A.. www.bolsamadrid.es. 2019-12-23.
  4. Web site: Barcelona-based CaixaBank buys Banca Cívica for €1 billion and becomes Spain's largest bank. CNA. www.catalannews.com. en-gb. 2019-12-23.
  5. Web site: CaixaBank culmina la absorción de Banca Cívica. BARCELONA. EFE. 2012-08-03. diariodenavarra.es. es. 2019-12-23.
  6. Web site: CAJA DE BURGOS PREMIA A 37 JÓVENES CON UNA DESTACADA TRAYECTORIA PROFESIONAL. hemeroteca.noticiasburgos.com. 2019-12-23.