Cajastur

The Caja de Ahorros de Asturias (Cajastur) is a savings and loan association of the Principality of Asturias. Caja de Ahorros de Asturias is the trade name of the enterprise while Cajastur is the commercial brand name it commonly uses.

Caja de Ahorros de Asturias
Typesavings and loan association
IndustryFinance and Insurance
Founded1946
HeadquartersOviedo, Principality of Asturias
Key people
Manuel Menéndez Menéndez
Cajastur savings bank in Plaza de la Escandalera, Oviedo

Its activities concentrate on retail banking, focusing primarily on the economic necessities of regional households, local corporations as well as small and medium-sized enterprises.

History

The origin of the bank date back to 1880, when the Monte de Piedad y Caja de Ahorros de Oviedo was founded. It became the Caja de Ahorros de Asturias in 1946 after a merger with the Caja de Ahorros y Monte de Piedad Municipal de Gijón.[1]

Presently Cajastur has around 200 offices in Asturias and some 40 outside the Principality. It controls the asturian telecommunications enterprise TeleCable.[2]

In 2011 it was integrated into Liberbank.

References
  1. "Historia de Cajastur". Archived from the original on 2008-04-16. Retrieved 2008-04-28.
  2. Cajastur se hace con el 92% de Telecable tras llegar a un acuerdo para adquirir la participación de HC, nota de prensa de Telecable.


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