Kutxabank
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| Type | Sociedad Anónima |
|---|---|
| Industry | Financial services |
| Founded | 2012 |
| Headquarters | Bilbao, Spain |
Key people | Gregorio Villalabeitia Galarraga (Chairman), Francisco Javier García Lurueña (CEO) |
| Products | Universal banking, insurance, investment holdings |
 €332.3 million (2018)[1] | |
| Total assets | €58.3 billion (2018)[1] |
Number of employees |  5,822 (2018)[1] |
| Website | www.kutxabank.com |
Kutxabank is a Spanish bank founded and based in Bilbao. It was officially created on 1 January 2012 out of the merger of three Basque financial institutions operating in their respective provinces: Bilbao Bizkaia Kutxa (BBK), based in Bilbao; Gipuzkoa Donostia Kutxa (Kutxa), based in San Sebastián; and (Vital) based in Vitoria.[2]
Required by the Spanish Government's bank merger deadline, all three institutions ceased to exist as savings banks after a long period of internal deliberation and integration.
Kutxabank operates in Andalusia and Extremadura with the brand CajaSur.
History[]
The European stress test measuring solvency in periods of credit crisis showed that Kutxabank ranked first in Spain, standing out as the soundest financial institution (data published in October 2014).[3]
External links[]
References[]
- ^ Jump up to: a b c Kutxabank, Informe Financiero Anual 2018
- ^ Quiénes somos, www.kutxabank.com (in Spanish)
- ^ "Kutxabank, Bankinter y Bankia sacan las mejores notas del examen". El País. 26 October 2014. Retrieved 2018-03-20.
show Selected members of the Euro Banking Association |
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| show Authority control  |
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- Banks of Spain
- Basque companies
- Banks established in 2012
- Banks under direct supervision of the European Central Bank