How big are Caixanova and Caixa Galicia banks?

How big are Caixanova and Caixa Galicia banks?

Caixanova and Caixa Galicia boards approved merger protocol to create financial entity with EUR 90 billion of business volume. Boards of both cajas approved the projects and petition for EUR 1.2 billion from Bank of Spain and Fondo de Reestructuración Ordenada Bancaria Commission.

What was the profit before tax for Caixa Galicia?

Fitch Ratings decided to maintain Caixa Galicia’s financial ratings, with financial strength of C. Caixa Galicia profit before tax rose to EUR 59 million over the first half year following provisioning and write-offs of 178 million.

Which is the largest savings bank in Galicia?

Caixa Galicia (Caja de Ahorros de Galicia) was a Spanish savings bank established in 1978. It was the largest financial institution in the autonomous community of Galicia, with 25 per cent of the Galician market and a significant presence elsewhere in Spain and abroad. With over 4,500 employees, it operated a network…