The economy of Spain is a highly developed social market economy. It’s the world's 15th largest by nominal GDP and the sixth-largest in Europe. Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization. In 2021, Spain was the twentieth-largest exporter in the world and the sixteenth-largest importer. Spain is listed 27th in the United Nations Human Development Index and 37th in GDP per capita by the World Bank. Some of the main areas of economic activity are the automotive industry, medical technology, chemicals, shipbuilding, tourism and the textile industry.
Caixa Econômica Federal, also referred to as Caixa, is a state-owned Brazilian financial services company headquartered in Brasília, Brazil. It is the fourth largest banking institution in Brazil, as well as the fourth largest in Latin America, and the eighty-third largest bank in the world. It is also the largest 100% government-owned financial institution in Latin America.
La Caixa, also known as the "La Caixa" Foundation, is a not-for-profit banking foundation based in Catalonia. Originally a savings bank (caja), it reorganized in the 2000s and 2010s: Its commercial assets are managed under its subsidiary CriteriaCaixa, which also has partial ownership of La Caixa's old banking business CaixaBank; those are used to fund La Caixa's Obra Social — social, cultural, scientific, and civic projects for the public good.
Caixa Geral de Depósitos (CGD) is a Portuguese state-owned banking corporation, and the largest bank in Portugal, established in Lisbon in 1876.
Santander Bank, N. A. is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs, and employs approximately 9,800 people. It offers an array of financial services and products, including retail banking, mortgages, corporate banking, cash management, credit card, capital markets, trust and wealth management, and insurance.
Banco Etcheverría was a Spanish bank. The family-owned bank was the oldest in the Spanish financial system, and the 11th oldest surviving bank in the world, older by over half a century than the Bank of Spain itself. It was founded in Betanzos, A Coruña (Spain) in 1717 by Juan Etcheverry, a French businessman and tannery owner who had settled in Galicia.
In Spain, a savings bank is a financial institution that specializes in accepting savings deposits and granting loans. Spanish banks fall into two categories: Privately owned banks (bancos) and government owned banks. The original aim was to encourage thrift among the very poor, but they evolved to compete with and rival commercial banks.
CaixaBank, S.A., formerly Criteria CaixaCorp, is a Spanish multinational financial services company. CaixaBank is based in Valencia, with operative offices in Madrid and Barcelona, Spain. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers, and has the most extensive branch network in the Spanish market. It is listed in the Bolsa de Madrid and is part of the IBEX 35.
Portuguese Investment Bank better known as BPI is a Portuguese private investment bank, currently owned by finance multinational CaixaBank. Founded in 1981, it runs the banking business with companies, institutional and private clients. It is the third largest private Portuguese financial group with assets of €112.9 billion. Chairman and CEO is Fernando Ulrich. The bank is headquartered in Porto.
Grupo Financiero Galicia is a financial services holding company based in Buenos Aires, and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically-owned private banks in the country.
CatalunyaCaixa was the trading name of Catalunya Banc S.A., a Catalan bank with headquarters in Barcelona and owned by Banco Bilbao Vizcaya Argentaria (BBVA), and absorbed by it in 2016. Its area of influence is located mainly in Catalonia. It was the fourth-largest savings bank in Spain in terms of consolidated assets, with €81.020 billion.
Bankia was a Spanish financial services company that was formed in December 2010, consolidating the operations of seven regional savings banks, and was partially nationalized by the government of Spain in May 2012 due to the near-collapse of the institution. As of 2017, Bankia was the fourth largest bank in Spain, with total assets of €179.1 billion. In 2021, the bank merged with CaixaBank to create a new entity but preserved its original name.
NCG Banco, S.A. was a financial institution founded in Galicia on September 14, 2011, as a result of Novacaixagalicia banking activity spin-off.
ABANCA Corporación Bancaria, S.A. is a Spanish bank based in Galicia. It was created in 2011 following the "bankisation" of Novacaixagalicia savings bank. It operates in the autonomous communities of Galicia, Asturias and the province of León, in other parts of Spain and in Portugal, as well as offices in the UK, Germany, France, Switzerland, Brazil, Venezuela, Panama, Mexico and the USA.
Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania.
Caixa Rural Galega, Sociedad Cooperativa de Crédito Limitada Gallega is a Galician cooperative bank founded in 1966 in Lugo, where it keeps its headquarters. It is owned by about 15.000 members (2016) and is considered the only galician financial institution that is wholly locally owned since all other banks and savings banks were sold or merged in the last decade: Caixa Galicia, Caixanova and Banco Etcheverría, Banco Pastor or Banco Gallego.
Nadia María Calviño Santamaría is a Spanish economist and civil servant who is serving as the First Deputy Prime Minister of Spain since July 2021 and Minister of Economy since 2018 under prime minister Pedro Sánchez. In 2020, the post was renamed as Minister for Economic Affairs and Digital Transformation. In the 15th legislature, which began in November 2023, she is part of the government as First Deputy Prime Minister and Minister of Economy, Trade and Enterprise.
Caja de Burgos was a medium-sized savings bank, and currently a banking foundation, based in the Province of Burgos in northern Spain with headquarters in Burgos city. As a savings bank, it was also known by Caja de Ahorros Municipal de Burgos.
The Provincial Savings Bank of Pontevedra was a Spanish financial institution based in the city of Pontevedra (Spain) dependent on the Provincial Council of Pontevedra, existing between 1930 and 2000.
Caja de Ahorro Provincial de Guadalajara was a Spanish savings bank headquartered in Guadalajara that operated in that province and Madrid under the trade name Caja de Guadalajara. In 2010 it had 73 branches.
