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Kutxabank, S.A.
Company type
Sociedad Anónima
Industry
Financial services
Predecessor
Bilbao Bizkaia Kutxa Gipuzkoa Donostia Kutxa Caja Vital Kutxa
Founded
1 January 2012
Headquarters
Bilbao, Spain
Key people
Gregorio Villalabeitia Galarraga (Chairman), Francisco Javier García Lurueña (CEO)
Products
Universal banking, insurance, investment holdings
Net income
€330.5 million (2022)[1]
Total assets
€54.7 billion (2022)[1]
Number of employees
5,343 (2022)[1]
Website
www.kutxabank.com
Kutxabank is a Spanish bank founded and based in Bilbao. It was officially created on 1 January 2012 out of the merger of three Basque financial institutions operating in their respective provinces: Bilbao Bizkaia Kutxa (BBK), based in Bilbao; Gipuzkoa Donostia Kutxa (Kutxa), based in San Sebastián; and Caja Vital Kutxa (Vital) based in Vitoria-Gasteiz.[2]
As required by the Spanish Government's bank merger deadline, all three institutions ceased to exist as savings banks after a long period of internal deliberation and integration. Kutxabank operates in Andalusia and Extremadura with the brand CajaSur.
Kutxabank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[3][4]
^ abcKutxabank, Informe Financiero Anual 2022
^Quiénes somos, www.kutxabank.com (in Spanish)
^"The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
^"List of supervised entities" (PDF). European Central Bank. 1 January 2023.
Kutxabank is a Spanish bank founded and based in Bilbao. It was officially created on 1 January 2012 out of the merger of three Basque financial institutions...
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Global Information
€330.5 million (2022)[1]
€54.7 billion (2022)[1]