Kutxabank
Kutxabank is a Spanish bank founded and based in Bilbao. It was officially created on 1 January 2012 out of the merger of three Basque financial institutions operating in their respective provinces: Bilbao Bizkaia Kutxa (BBK), based in Bilbao; Gipuzkoa Donostia Kutxa (Kutxa), based in San Sebastián; and Caja Vital Kutxa (Vital) based in Vitoria.[2]
 | |
| Type | Sociedad Anónima |
|---|---|
| Industry | Financial services |
| Founded | 2012 |
| Headquarters | Bilbao, Spain |
Key people | Gregorio Villalabeitia Galarraga (Chairman), Francisco Javier García Lurueña (CEO) |
| Products | Universal banking, insurance, investment holdings |
 €332.3 million (2018)[1] | |
| Total assets | €58.3 billion (2018)[1] |
Number of employees |  5,822 (2018)[1] |
| Website | www.kutxabank.com |
Required by the Spanish Government's bank merger deadline, all three institutions ceased to exist as savings banks after a long period of internal deliberation and integration.
Kutxabank operates in Andalusia and Extremadura with the brand CajaSur.
History
The European stress test measuring solvency in periods of credit crisis showed that Kutxabank ranked first in Spain, standing out as the soundest financial institution (data published in October 2014).[3]
External links
References
- Kutxabank, Informe Financiero Anual 2018
- Quiénes somos, www.kutxabank.com (in Spanish)
- "Kutxabank, Bankinter y Bankia sacan las mejores notas del examen". El País. 26 October 2014. Retrieved 2018-03-20.
