Bilbao Bizkaia Kutxa
Encyclopedia
Bilbao Bizkaia Kutxa (Basque
for 'Bilbao Biscay Savings Bank') is a Spanish savings bank based in the province of Biscay
in the Basque Country
, Spain
. It was formed in 1990 when the Caja de Ahorros Municipal de Bilbao and the Bizkaiko Aurrezki Kutxa-Caja de Ahorros Vizcaína were merged. The company headquarters are in Bilbao
.
Its full name is Bilbao Bizkaia Kutxa, Aurrezki Kutxa eta Bahitetxea (in Spanish
Caja Bilbao Vizcaya, Caja de Ahorros y Monte de Piedad). It operates mainly in the province of Biscay
. His current chairman is Mario Fernández.
BBK won a bid to take over CajaSur on July 16, 2010. The transaction created the 7th largest financial institution of Spain.
The savings bank has minority investments in the following companies: Iberdrola
6,84%, Euskaltel
33,99%, Enagas
5%, Red Eléctrica 2,2%.
Basque language
Basque is the ancestral language of the Basque people, who inhabit the Basque Country, a region spanning an area in northeastern Spain and southwestern France. It is spoken by 25.7% of Basques in all territories...
for 'Bilbao Biscay Savings Bank') is a Spanish savings bank based in the province of Biscay
Biscay
Biscay is a province of Spain and a historical territory of the Basque Country, heir of the ancient Lord of Biscay. Its capital city is Bilbao...
in the Basque Country
Basque Country (autonomous community)
The Basque Country is an autonomous community of northern Spain. It includes the Basque provinces of Álava, Biscay and Gipuzkoa, also called Historical Territories....
, Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
. It was formed in 1990 when the Caja de Ahorros Municipal de Bilbao and the Bizkaiko Aurrezki Kutxa-Caja de Ahorros Vizcaína were merged. The company headquarters are in Bilbao
Bilbao
Bilbao ) is a Spanish municipality, capital of the province of Biscay, in the autonomous community of the Basque Country. With a population of 353,187 , it is the largest city of its autonomous community and the tenth largest in Spain...
.
Its full name is Bilbao Bizkaia Kutxa, Aurrezki Kutxa eta Bahitetxea (in Spanish
Spanish language
Spanish , also known as Castilian , is a Romance language in the Ibero-Romance group that evolved from several languages and dialects in central-northern Iberia around the 9th century and gradually spread with the expansion of the Kingdom of Castile into central and southern Iberia during the...
Caja Bilbao Vizcaya, Caja de Ahorros y Monte de Piedad). It operates mainly in the province of Biscay
Biscay
Biscay is a province of Spain and a historical territory of the Basque Country, heir of the ancient Lord of Biscay. Its capital city is Bilbao...
. His current chairman is Mario Fernández.
BBK won a bid to take over CajaSur on July 16, 2010. The transaction created the 7th largest financial institution of Spain.
The savings bank has minority investments in the following companies: Iberdrola
Iberdrola
Iberdrola , headquartered in Bilbao, is a private utility with a global footprint and over 150 years of experience...
6,84%, Euskaltel
Euskaltel
Euskaltel, S.A. is a telecommunications company based in the Spanish autonomous community Basque Country, with its headquarters in Derio . Its name literally translates into English as "Basque-Tel"...
33,99%, Enagas
Enagás
Enagás, S.A. is a Spanish energy company which owns and operates the nation's gas grid. The firm also owns and operates three liquefied natural gas regasification terminals in the country, at Huelva, Barcelona and Cartagena. A fourth, at the port of El Musel, is currently being constructed and is...
5%, Red Eléctrica 2,2%.