Ibercaja Banco Explained

Ibercaja Banco, S.A.
Type:Sociedad Anonima
Founded:1 October 2011
Hq Location City:Zaragoza
Hq Location Country:Spain
Products:Financial services
Revenue: €695.583 million (2017)[1]
Net Income: €138.4 million (2017)[2]
Assets: €53.107 billion (2017)[3]
Num Employees: 5,581 (2017)[4]
Key People:José Luis Aguirre Loaso

Víctor Iglesias Ruiz
Website:www.ibercaja.es

Ibercaja Banco, S.A., stylised as iberCaja, is a Spanish financial services company based in Zaragoza. It was created by the Caja de Ahorros and Monte de Piedad of Zaragoza, Aragón and Rioja (Ibercaja) in 2011, to develop its financial activity, being initially the shareholder of 100% of the bank.[5] After the acquisition of Caja3 by Ibercaja Banco, in the process of banking restructuring in Spain, 87.8% was owned by Ibercaja and 12.2% by the three Caja3 shareholders (Caja de Badajoz, Caja Inmaculada and Caja Círculo).[6]

Together with the General Deputation of Aragon, owns the company Montañas de Aragón which controls the ski resort Aramón.[7]

Ibercaja has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[8] [9]

See also

External links

Notes and References

  1. https://www.cnmv.es/AUDITA/2017/17405.pdf Ibercaja Banco, Informe Financiero Anual 2017
  2. https://www.cnmv.es/AUDITA/2017/17405.pdf Ibercaja Banco, Informe Financiero Anual 2017
  3. https://www.cnmv.es/AUDITA/2017/17405.pdf Ibercaja Banco, Informe Financiero Anual 2017
  4. https://www.cnmv.es/AUDITA/2017/17405.pdf Ibercaja Banco, Informe Financiero Anual 2017
  5. Web site: Ibercaja aprueba traspasar la actividad financiera de la caja a una filial bancaria. 2011-07-26. heraldo.es. es. 2019-01-02.
  6. Web site: Ibercaja Banco adquiere el 100% de Banco Grupo Caja3. 2013-07-25. heraldo.es. es. 2019-01-02.
  7. Web site: El turismo del esquí cierra en Aragón un diciembre negro por la falta de nieve. 2018-12-26. ABC. es. 2019-01-02.
  8. Web site: European Central Bank . The list of significant supervised entities and the list of less significant institutions . .
  9. Web site: European Central Bank . List of supervised entities . .

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