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Caja De Burgos
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. In 2010, as a result of the European debt crisis, it was merged with Caja Canarias, Cajasol and Caja Navarra Caja de Ahorros de Navarra or Caja Navarra or CAN was a medium-sized savings bank based in the Navarre province of northern Spain with headquarters in Pamplona. The financial institution broke up in 2012 among allegations of irregularities and fa ..., and incorporated as a bank by means of a new notarial instrument, forming Banca Civica. In 2012, it was subsequently absorbed by CaixaBank. Starting in 2013, the charity part of the savings bank was established as a non-profit foundation, dedicated to support the cultural heritage and social activities eventually maintained by the bank. Its charity activities included giving ...
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Caja De Ahorros
A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits. They originated in Europe during the 18th century with the aim of providing access to savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in government and corporate debt. Savings and loan associations had a dual purpose which gave more importance to home loans. Towards the end of the 20th century their functions blurred as ...
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Caja General De Ahorros De Canarias
Caja General de Ahorros de Canarias known as Caja Canarias was a Spanish saving bank that served the Canary Islands. It was taken over by CaixaBank in 2012. History It was founded on March 23, 1984 as the union of ''Caja General de Ahorros y Monte de Piedad de Santa Cruz de Tenerife'' and ''Caja de Ahorros Insular de La Palma''. Headquartered in Santa Cruz de Tenerife. This was the first financial institution in the Canary Islands. , the bank had over 1,600 direct employees and a network of more than two hundred offices throughout the Canary islands. It was merged into CaixaBank 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, aft ... in 2012 as part of a government institutional protection system (SIP) that was used as a consolidation mechanism for credit institutions in Spain. R ...
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Establishments In Spain
Establishment may refer to: * The Establishment, a dominant group or elite that controls a polity or an organization * The Establishment (club), a 1960s club in London, England * The Establishment (Pakistan), political terminology for the military deep-state in Pakistan * Establishment of a state religion or established church * Establishment, participation in economic life "on a stable and continuous basis" in the European Single Market * ESTABLISHED, a Transmission Control Protocol connection state See also * * * Anti-establishment, in opposition to the conventional social, political, and economic principles of a society * Dissolution (law), with respect to an entity that was previously legally established * Disestablishmentarianism, a movement to end the Church of England's status as an official church * Establiments, a residential district in the Balearic Islands * Establishment Clause of the First Amendment to the United States Constitution, forming the right of freedom of ...
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Bank Buildings In Spain
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ...
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CaixaBank
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. The company consists of the universal banking and insurance activities of the La Caixa group, along with the group's stakes in the oil and gas firm Repsol, the telecommunications company Telefónica and its holdings in several other financial institutions. History The firm was formed in 2007 as Criteria CaixaCorp, a publicly traded vehicle for La Caixa's shareholdings and investments in both industrial and financial services companies. At the time of its 2007 debut, the Criteria CaixaCorp initial public offering wa ...
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Banca Civica
Banca Cívica, S.A. was a bank created as a result of the European debt crisis as an emergency response by the Spanish government regulatory authority "Institutional Protection System" (Spanish: ''Sistema Institucional de Protección'', or SIP) that comprised the savings banks of Caja Navarra, Caja Canarias, Caja de Burgos and Cajasol. It became part of Caixabank on 3 August 2012, at which time shares for the company ceased to be quoted. History This institution, the founding entities of which were Caja de Burgos, CajaCanarias and Caja Navarra, was incorporated as a bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becau ... by means of notarial instrument issued on 9 June 2010. It began operating on 18 June 2010 and was the first SIP to operate in Spain. The institution announced ...
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Caja Navarra
Caja de Ahorros de Navarra or Caja Navarra or CAN was a medium-sized savings bank based in the Navarre province of northern Spain with headquarters in Pamplona. The financial institution broke up in 2012 among allegations of irregularities and failure by the relevant control organ of the Government of Navarre to audit the savings bank for several years. On an yearly basis, UPN's regional Government was handed over a copy-paste, two-page long activity report by Caja Navarra, as revealed in 2014. History The bank resulted from the merger of the Caja de Ahorros y Monte de Piedad Municipal de Pamplona (founded by the Pamplona city council in 1872) and the Caja de Ahorros de Navarra (founded by the Provincial Government of Navarre in 1921) on January 17, 2000. In August 1924, the Federation of Basque-Navarrese Savings Banks was established with a view to mutually assisting and progressing together in the face of growing competition from the rising Basque banks. The Savings Banks of Pam ...
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Cajasol (bank)
Cajasol could refer to: * Cajasol Sevilla, a Spanish professional basketball team in Liga ACB. * One of the four banks that merged to form Banca Civica Banca Cívica, S.A. was a bank created as a result of the European debt crisis as an emergency response by the Spanish government regulatory authority "Institutional Protection System" (Spanish: ''Sistema Institucional de Protección'', or SIP) ...
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European Debt Crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states (Greece, Portugal, Ireland, Spain, and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF). The eurozone crisis was caused by a balance-of-payments crisis, which is a sudden stop of foreign capital into countries that had substantial deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared currency. Debt accumulation in some eurozone members was in part due ...
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Foundation (nonprofit)
A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundations, which are typically financial endowment, endowed by an individual or family. However, the term "foundation" may also be used by such organizations that are not involved in public grantmaking. Description Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements. * Legal requirements followed for establishment * Purpose of the foundation * Economic activity * Supervision and management provisions * Accountability and auditing provisions * Provisions for the amendment of the statutes or articles of incorporation * Provisio ...
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Burgos
Burgos () is a city in Spain located in the autonomous community of Castile and León. It is the capital and most populated municipality of the province of Burgos. Burgos is situated in the north of the Iberian Peninsula, on the confluence of the Arlanzón river tributaries, at the edge of the central plateau. The municipality has a population of about 180,000 inhabitants. The Camino de Santiago runs through Burgos. Founded in 884 by the second Count of Castile, Diego Rodríguez Porcelos, Burgos soon became the leading city of the embryonic County of Castile. The 11th century chieftain Rodrigo Díaz de Vivar (''El Cid'') had connections with the city: born near Burgos, he was raised and educated there. In a long-lasting decline from the 17th century, Burgos became the headquarters of the Francoist proto-government (1936-1939) following the start of the Spanish Civil War. Declared in 1964 as Pole of Industrial Promotion and in 1969 as Pole of Industrial Development, t ...
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Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary  parliamentary constitutional monarchy , leader_title1 = Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister , leader_name2 = Pedro Sánchez , legislature = ...
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