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Spanish Banks News

Unemployment in Spain is reduced five months in a row

Unemployment in Spain is reduced five months in a rowJuly in Spain is marked a new reduction in unemployment. The number of the unemployed decreased for five consecutive months. In July of this year, the jobs have found 64.866 people. Compared with the total number of persons registered at employment as unemployed, unemployment decreased by 1.36%. Read more »

Bank loans to buy new cars loans in Spain rose by a quarter

Bank loans to buy new cars loans in Spain rose by a quarterOver the past nine months, the number of loans provided by banks for the purchase of cars in Spain increased by 26%, according to banking services comparison portal Bankimia. Read more »

Spain budget deficit for the first half amounted to 3.81% of GDP

Spain budget deficit for the first half amounted to 3.81 per cent of GDPAccording to the fiscal authorities of Spain, the deficit in its budget for the second quarter of 2013 was fixed at EUR 40 billion, accounting for 3.81% of GDP. At the finish of the first half of 2012 the same figure was 4.15% of the gross domestic product. Read more »

The Spanish peseta still possible to be exchanged for euros

The Spanish peseta still possible to be exchanged for eurosAccording to the Bank of Spain, received at the end of June 2013 and published in the newsletter of main government’s financial instutution, the population of the country is still not presented all previously circulated currency – the peseta for the exchange of the euro amounted equivalent to 1 billion 627.8 million euros. Of these, 879.4 million euros – in the form of old banknotes and another 807.7 million – in coins. Read more »

Spanish bankers salaries higher than that of their counterparts in Europe

Spanish bankers salaries higher than that of their counterparts in EuropeSpain – the fourth country in Europe by number of bankers earning more than a million euros annually. Unconditional first place in the Old World is the UK, where there are 2,436 people working in this office and receiving more than one million. Followed by Germany (170) France (162) and Spain (125). Read more »

CaixaBank again awarded as the best bank in Spain

CaixaBank again awarded as the best bank in SpainThe second consecutive year, CaixaBank became the best bank in Spain according to the British financial magazine “Euromoney”. In addition, the Catalan bank recognized as a world leader in the category “The most advanced bank of in the field of innovative technologies.” Read more »

CaixaBank sold the building in Madrid

CaixaBank sold the building in MadridOne of the biggest Spanish bank CaixaBank sold the building of its Madrid branch located in the central part of the capital of Spain on the so-called “golden mile”. Read more »

The Bank of Spain said there are positive developments in the country’s economy

The Bank of Spain said there are positive developments in the country economyBank of Spain confirmed that the information coming from different regions of the country, “allow carefully use the term “improvement” in relation to the situation in the economy of the state” at the end of the first half of this year. Read more »

Sabadell bank sells real estate on the coast of 22 million euros

Solvia, real estate agency of the Sabadell bank, announced a campaign to sell the real estate on the Spanish coast and islands, the apartment prices starts at 22,500 euros. Read more »

Agreement signed on integration of Ibercaja and Caja3 Banking Groups

Integration of Ibercaja and Caja3 Banking GroupsThe integration is done through a process of exchange of shares and subsequent merger of Bank Caja3 by Ibercaja Bank Group · Ibercaja have 87.5% of the shares of Ibercaja Bank and Bank shareholders boxes Caja3 Group, 12, 5%. Read more »