Banks

07.06.2013 - 08.17 pm Barcelona-based CaixaBank to sell 10.1% of Carlos Slim's Grupo Financiero Inbursa The Catalan company, which is the main bank operating in the Spanish market, will sell half of its shares in the Mexican GFI, the financial group...	22.05.2013 - 10.33 pm CaixaBank and Barcelona's Chamber of Commerce to offer €3 billion in loans for member companies In a situation of difficult access to credit by Catalan and Spanish companies, Barcelona’s Chamber of Commerce and the main Spanish bank – which is...	03.05.2013 - 09.21 pm Banc Sabadell pays AEGON €450 million for 50% of the insurance company Mediterraneo Vida The Catalan financial entity Banc Sabadell reached an agreement with the Dutch insurance company AEGON on Friday to buy 50% of the shares of Mediterr...	29.04.2013 - 09.25 pm Lloyds buys 1.8% of Banc Sabadell by transferring its Spanish subsidiaries to the Catalan bank The Catalan Banc Sabadell has bought all the shares in the Lloyds subsidiary companies in Spain: Lloyds Bank International and Lloyds Investment....
22.04.2013 - 09.02 pm The Catalan Government is considering the implementation of a tax on empty flats to be paid by the owning companies The new tax would not affect individual citizens neither would it be implemented in areas without housing demand. The tax aims to put apartments and...	19.04.2013 - 09.52 pm Banc Sabadell will buy Banco Gallego for 1 euro after a €245 million injection of public money On Wednesday it became known that the Catalan Banc Sabadell would acquire Banco Gallego from the Spanish Fund for Orderly Banking Restructuring (FROB...	17.04.2013 - 10.07 pm The Catalan Banc Sabadell to acquire the Banco Gallego The offer, presented by Banc Sabadell, has won the tender for the acquisition of Banco Gallego, which was nationalised and owned by the Spanish Fund...	15.04.2013 - 09.41 pm CaixaBank has integrated all Banca Cívica’s operational and technological systems With the operation, the Barcelona-based bank, has more than 6,000 branches throughout Spain for the first time. CaixaBank, which tops the Spanish...
26.03.2013 - 10.12 pm The number of home mortgages in Catalonia grew by 47.1% in January compared to the previous month The increase is the highest one registered in Catalonia over the last year. 3,751 home mortgage contracts were signed in January. At the end of 2012...	25.03.2013 - 09.03 pm Catalonia’s public body offering credit funded 8,500 companies in 2011 and 2012 with €1.7 billion The Institut Català de Finances (ICF), the Catalan Government’s financial institution which offers credit, announced that it gave €1.7 billion in...	22.03.2013 - 10.25 pm Catalonia led the number of evictions ordered in Spain in 2012 Catalan first instance courts ordered 25,422 evictions last year, representing 25.1% of the total number in Spain. Two weeks ago the European Court...	18.03.2013 - 09.58 pm Javier Solana is "surprised" about Cyprus' tax on individual bank deposits The former leader of the European Union diplomacy and now an International Relations professor at the Barcelona-based ESADE business school, Javier...
14.03.2013 - 09.05 am The Mortgage Platform has been fighting to stop house evictions in Spain The Popular Legislative Initiative promoted by the Platform is pending debate in the Spanish Parliament. The Mortgage Platform was founded in...	11.02.2013 - 06.30 pm Banc Sabadell posts €81.9 million profit in 2012, 64.7% less than last year The Catalan Banc Sabadell finished 2012 with positive results and net benefits of €81.9 million. Banc Sabadell has now reached 5th position among the...	01.02.2013 - 09.49 pm Barcelona-based CaixaBank earns €230 million in 2012, after raising its core capital to 11% The CaixaBank President, Isidre Fainé, is optimistic about 2013, which “will be better than the year left behind”. The attributable net profits of...	11.01.2013 - 08.57 pm Banc Sabadell places €1 billion in five-year covered bonds in less than two hours The Catalan bank has issued debt securities for €1 billion that attracted a demand of €3.4 billion. As other multinational companies such as...