Caixa Galicia
Encyclopedia
Caixa Galicia was the trading name of Caja de Ahorros de Galicia, a Spanish savings bank
based in A Coruña
, Galicia.
On 29 November 2010, following the financial crisis of 2007-2010, they signed a merger deal with Caixanova to create a new regional savings bank, Novacaixagalicia
.
Savings bank (Spain)
In Spain, a savings bank is a financial institution which specializes in accepting savings deposits and granting loans. Their original aim was to create the habit of thrift amongst the very poor but they have evolved to compete with and rival commercial banks.Their trade association is the Spanish...
based in A Coruña
A Coruña
A Coruña or La Coruña is a city and municipality of Galicia, Spain. It is the second-largest city in the autonomous community and seventeenth overall in the country...
, Galicia.
On 29 November 2010, following the financial crisis of 2007-2010, they signed a merger deal with Caixanova to create a new regional savings bank, Novacaixagalicia
Novacaixagalicia
Novacaixagalicia is the trading name of Caixa de Aforros de Galicia, Vigo, Ourense e Pontevedra a Spanish savings bank based in Galicia...
.