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| Caixa Galicia headquarters |
Caixa Galicia (Caja de Ahorros de Galicia) was a Spanish savings bank established in 1978. It was the largest financial institution in the autonomous community of Galicia, with 25 per cent of the Galician market and a significant presence elsewhere in Spain and abroad. With over 4,500 employees, it operated a network of more than 800 local branches, 367 of which were located outside Galicia. The Bank also had branches and offices in Portugal, Switzerland, the United States and Latin America. As of December 31, 2009, it had total assets of EUR 46.08 billion.
In November 2010, following the financial crisis of 2008 - 2010, Caixa Galicia signed a merger deal with Caixanova to create a new regional savings bank, NovaCaixaGalicia.
Head office address:
Rua Nueva 30
A Coruna 15003
Spain
Former Caixa Galicia branches outside Spain
| Switzerland | Geneva branch 14, Rue du Mont-Blanc Case Post 1283, 1201 Geneve, Suiza |
| USA | Miami Branch 1111 Brickell Avenue 21st Floor 33131 Miami United States |
| Portugal | Braga Av. Central, 167-167 A 4700 Braga Lisboa Av. 5 de Outubro, 48 1050 Lisboa Maia Av. Visconde de Barreiros, 110 4470 Maia Portugal Porto Av. Boavista, 1772 4100 Porto Portugal Valença do Minho Av. Miguel Dantas, s/n. Ed. Status 4930 Valença Portugal Viana do Castelo Cl. Largo Joao Tomas da Costa, 64-66 4900 Viana do Castelo Vila Nova de Gaia Av. Da Republica, 2025, r/c 4430 Vilanova de Gaia |
August 2, 2010
Fitch Ratings maintains Caixa Galicia financial strength rating
Fitch Ratings decided to maintain Caixa Galicia’s financial ratings, with financial strength of C.
July 30, 2010
Caixa Galicia makes profit of 59 million in first half year
Caixa Galicia profit before tax rose to EUR 59 million over the first half year following provisioning and write-offs of 178 million.
June 28, 2010
Caixa Galicia and Caixanova approve merger protocol and plan
Caixanova and Caixa Galicia boards approved merger protocol to create financial entity with EUR 90 billion of business volume. Boards of both cajas approved the projects and petition for EUR 1.2 billion from Bank of Spain and Fondo de Reestructuración Ordenada Bancaria Commission.