Caixanova

Novacaixagalicia

Novacaixagalicia

Add article description

Caixa de Aforros de Galicia, Vigo, Ourense e Pontevedra (trading as Novacaixagalicia) was the name of a short-lived Spanish savings bank based in Galicia. It was created following the forced merger of the two major savings banks in the region, Caixa Galicia and Caixanova. This new caixa for Galicia became the fourth-largest in Spain with consolidated assets valued at €78.1 billion,[1] and fourth-largest in terms of savings accounts, with €108.4 billion - 6% of Spanish savings banks.[2]

Quick Facts Trade name, Company type ...

Due to financial irregularities in the finances of the company, in little under a year this new savings bank would go on to be "bankised" as NCG Banco.

As a side note, it was the first financial institution to be registered in the Galician language.[3]

References

  1. [1]
    "Ranking de cajas de ahorro por activos". Mejoresbancos.es. Retrieved 15 October 2017.
  2. [2]
    "Novacaixagalicia". Mejoresbancos.es. Retrieved 15 October 2017.
  3. [3]
    [dead link]


Stub icon

This Spanish bank or insurance-related article is a stub. You can help Wikipedia by expanding it.

Stub icon

This article related to Galicia is a stub. You can help Wikipedia by expanding it.
Share this article:

This article uses material from the Wikipedia article Caixanova, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.