Novacaixagalicia
Encyclopedia
Novacaixagalicia is the trading name of Caixa de Aforros de Galicia, Vigo, Ourense e Pontevedra a Spanish
savings bank
based in Galicia. It is the fourth-largest caixa
in Spain with consolidated assets valued at €78.1 billion, and fourth-largest in savings accounts, with €108.4 billion - 6% of Spanish savings banks.
(Caja de Ahorros de Galicia) and Caixanova (Caixa de Aforros de Vigo, Ourense e Pontevedra). It was registered at the La Coruña provincial company register.La Coruña, its both corporate and operational headquarters.
It is the first financial institution registered in Galician
.
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...
savings bank
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 Galicia. It is the fourth-largest caixa
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...
in Spain with consolidated assets valued at €78.1 billion, and fourth-largest in savings accounts, with €108.4 billion - 6% of Spanish savings banks.
History
The company was founded on December 1, 2010 following the merger of Caixa GaliciaCaixa Galicia
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.-External links:*...
(Caja de Ahorros de Galicia) and Caixanova (Caixa de Aforros de Vigo, Ourense e Pontevedra). It was registered at the La Coruña provincial company register.La Coruña, its both corporate and operational headquarters.
It is the first financial institution registered in Galician
Galician language
Galician is a language of the Western Ibero-Romance branch, spoken in Galicia, an autonomous community located in northwestern Spain, where it is co-official with Castilian Spanish, as well as in border zones of the neighbouring territories of Asturias and Castile and León.Modern Galician and...
.