Banco Santander BBVA Banesto Bancaja, Miami La Caixa bank Banco Sabadell
Banco Santander BBVA Banesto Bancaja la Caixa Sabadell

Abanca Corporación Bancaria, S.A. – The result of the merger of NCG Banco S.A. and Banco Etcheverría S.A. in November 2014. Abanca is savings bank focused on the region of Galicia, Asturias and Leon.

Banca Civica, S.A. was established in June 2010 through the merger of Caja Navarra, Caja Canarias, Caja de Burgos and Cajasol. In August 2012, Banca Civica became a part of CaixaBank.

Bankia – A banking conglomerate created in 2010, through the integration of seven regional savings banks. The shares of Bankia have been listed on the Spanish stock exchange since July 2011, under the symbol BKIA.

Bancaja (Caja de Ahorros de Valencia, Castellón y Alicante) was the largest financial institution in the Autonomous Community of Valencia and the third largest institution in the savings bank sector in terms of total assets.

Banco Cooperativo Español (BCE) was established in July 1990. The share capital of the Bank is held by seventy-four Spanish credit cooperatives and one German credit institution (DZ Bank).

Banco de Valencia (BVA) – A Spanish banking institution, founded in 1900. It operates a network of over 400 branches located in Valencia, Alicante, Barcelona, Madrid, Zaragoza, Tarragona, Castellon, Navarra, Murcia etc. As of December 31, 2010, BVA has total assets of EUR 23.7 billion. In July 2013, CaixaBank completed its merger with Banco de Valencia.

Banco Etcheverria, founded in 1717, is the oldest bank in the Span.

Banco Financiero y de Ahorros (BFA) – The majority shareholder of Bankia. It was created through the alliance of seven savings banks in December 2010. BFA was nationalized in May 2012.

Banco Mare Nostrum (BMN) – A Spanish financial institution founded in 2010.

Bank of Spain (Banco de España) – The national central bank of Spain, established in Madrid in 1782 by Charles III. It belongs to the European System of Central Banks. While the introduction of the single currency and the setting up of the Eurosystem have led to a redefinition of some of Banco de España’s functions, the institution continues to perform the tasks assigned to it under the Law of Autonomy as the National Central Bank.

Banco Pastor, S.A., founded in 1776, is one the oldest banks in Spain. The Bank offers deposit products, consumer and commercial loans, credit cards, insurance, private banking, internet banking and other services. Banco Pastor operates as a subsidiary of Banco Popular Espanol SA.

Banesto (Banco Espanol de Credito) – A financial group owned by Banco Santander. The company provides retail and commercial banking services to over 3 million customers.

Banco Popular Español – One of the largest commercial banking groups in Spain with assets of over €153 billion (March 2014). The company provides a variety of financial solutions to consumer and business customers via branches in Spain, Portugal, and France and representative offices in Canada, Latin America, Asia, and elsewhere in Europe.

Banco Sabadell – The sixth largest banking group in Spain. As of June 30, 2016, it had a market capitalization of €6.5 billion.

Bankinter – A Spanish commercial bank founded in 1965 as a Spanish industrial bank through a joint venture by Banco Santander and Bank of America. In 1972, the company became fully independent of its founders and transformed itself into a commercial bank.

Bankpime – A private savings and loan institution with interests in every type of banking operation. It is currently part of the Barcelona Stock Exchange, as well as Latibex, the international market for Latin-American securities valued in Euros.

BBVA (Banco Bilbao Vizcaya Argentaria) –  A multinational Spanish financial group with a presence in more than 30 countries. It operates in Europe, Latin America, United States, China and Turkey.

Bilbao Bizkaia Kutxa (BBK) – In 2011, BBK merged with other Basque savings banks (Kutxa and Caja Vital ) to form Kutxabank S.A.

Caja España-Duero – A Spanish savings bank created in 2010 through the merger of Caja Espana and Caja Duero.

Caja Madrid – The oldest of the Spanish savings banks, founded on December 3, 1702. In 2011, Caja Madrid merged with other savings banks to form Bankia.

Caixa Balears "SA NOSTRA" – The leading savings bank of the Balearic Islands.

CaixaBank – A leading Spanish bank with nearly 14 million individual and business customers. It was named Best Bank and Best Private Bank in Spain by Global Finance and Euromoney.

Caixa Catalunya – It was the fifth largest savings bank in Spain and the second largest banking institution in Catalonia. On 1 July 2010, it merged with CAIXA TARRAGONA and CAIXA MANRESA to form a new entity under the name CatalunyaCaixa.

Caja Vital Kutxa – The leading financial institution in the province of Alava (Spain). It was established in 1850 and is headquartered in Vitoria-Gasteiz. Caja Vital merged with Bilbao Bizkaia Kutxa (BBK) and Gipuzkoa Donostia Kutxa (Kutxa) in 2011.

Catalunya Banc, S.A. – The financial entity, created in October 2011, after taking over the banking business of its predecessor entity, CatalunyaCaixa. In July 2014, BBVA purchased bailed-out lender Catalunya Banc from Spain’s government.

CatalunyaCaixa – was created in July  2010 as a result of the merger of Catalan savings banks. In 2011, It transferred its banking business to Catalunya Banc, S.A.

Caixa Galicia – A Spanish savings bank based in A Coruña, Galicia. On December 1, 2010, Caixa Galicia merged with Caixanova to form Novacaixagalicia.

Caja Mediterraneo (Banco CAM) – A savings bank in Spain with over 3 million customers and about 1,000 branches across the country. It also has operations in the Americas, Africa, Asia, and elsewhere in Europe.

Caja Rural Group – One of the main banking groups operating in Spain. The company has over 3,600 offices and its great financial strength is reflected in total assets of EUR 59.01 billon and equity of more than EUR 4.7 billion. The Caja Rural Group represents 80% of all banks in Spain´s cooperative sector.

Kutxa (Caja Gipuzkoa San Sebastian) – Kutxa is the main financial institution operating in Guipúzcoa, one of the three provinces of northern Spain's Basque Country.

Kutxabank S.A. was formed on January 1, 2012, through the merger of three Basque savings banks, BBK (Bilbao Bizkaia Kutxa), Caja de Ahorros y Monte de Piedad de Guipuzcoa y San Sebastian (Kutxa), and Caja Vital.

La Caixa was one of the largest savings banks in Spain. In 2011, it transferred its financial business to CaixaBank.

Liberbank S.A. was established in March 2011. The Bank includes Cajastur (Caja de Ahorros de Asturias), Caja de Extremadura and Caja Cantabria. On May 29, 2012, Liberbank approved the merger with Ibercaja and Caja3.

Novacaixagalicia was one the largest savings banks in Spain with more than 1,000 offices and about 8,000 employees. In 2011 Novacaixagalicia contributed all of its banking assets and liabilities to NCG Banco SA.

Santander – The largest bank in Eurozone and one of the world's top 20 banks in terms of market capitalization (€50 billion, June 30, 2016).

Unicaja – A financial institution headquartered in Málaga, Andalusia.

Unnim – A Spanish savings bank, the result of the 2010 merger of three small savings banks (Caixa Manlleu, Caixa Sabadell and Caixa Terrassa). In March 2012, Unnim was acquired by BBVA.

Top Banks in Spain

 Total assets, EUR billion

Rank Bank 06/2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011
1 Banco Santander 1,342.91 1,340.26 1,266.30 1,115.76 1,269.65 1,251.01
2 BBVA 746.040 750.078 631.942 582.697 621.132 582.838
3 CaixaBank 353.109 344.255 338.623 340.320 348.174 270.425
4 Banco de Sabadell 207.891 208.628 163.346 163.442 161.547 100.437
5 Bankia 203.501 206.970 233.649 251.472 282.310 302.846
6 Banco Popular Espanol 163.228 158.650 161.457 146.710 157.618 130.926
7 Bankinter 65.891 58.660 57.333 55.158 58.166 59.491
8 Unicaja Banco (1) 58.703 60.312 67.950 41.258 n/a n/a
9 Ibercaja Banco 58.343 58.922 62.323 63.149 44.664 45.145
10 KutxaBank 58.099 58.376 59.413 60.762 66.707 n/a
11 Abanca Corporacion Bancaria (2) 48.326 47.267 54.202 52.745 59.714 n/a
12 Catalunya Banc (CatalunyaCaixa) (3) - 46.015 53.132 63.525 74.103 77.187
13 Banco Mare Nostrum (BMN) 40.644 40.794 43.835 47.642 n/a n/a
14 Liberbank 42.149 42.136 43.137 44.573 46.255 50.847

(1) - In March 2014, Unicaja Bank acquired Banco CEISS.
(2) - Abanca Corporacion Bancaria was formerly known as NCG Banco, S.A.
(3) - Catalunya Banc merged with BBVA in 2016.