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Then we have a full list of financial institutions that operate in Spain (savings banks, national
banks and foreigners with their respective codes that identify them according to their
category provided they are registered in the Bank's) Spain).
This updated list reflects very well the concentration and the new situation in which remain
in panorama of financial institutions in our country after reorganization of banks and
movements in recent years.
In this post we show you German banks in Spain Banco Popular the last great movement of
the Spanish banking sector... for now the recent sale of banco popular by one euro to
Santander is undoubtedly the last great movement of the Spanish banking sector, and one
of the most important within this decade.
It is very interesting to analyze the end of a financial entity that just 10 years ago was
moving in a capitalization around 19,000 million euros, obviously from that amount the
symbolic price of one euro which has been acquired is far from an abyss that not It is so
simple to explain.
In the worst moments of the Spanish banking sector, at the end of the last decade and the
beginning of the present, people's Bank was able to maintain the base of capital increases
which, at least momentarily, solved the immediate problems of the entity. The number of
shares was multiplied exponentially in 10 years, but some of the expansion of capital, such
as the one carried out in the year 2016, moreover, seems to be that it was partially through
loans to customers of the entity.
Regardless of a volume of injected capital thus estimated over 5000 million euros, the share
of the entity's value was losing bellows over the past 10 years, so much so he has come to
talk about a depreciation knew back to 95% of this value, or that had to be put up measures
as the regrouping of actions to try to alleviate the effect of the low value of the securities of
the entity.
One of the key issues to keep in mind, to understand this process, is the determination of
the company staying in the building industry when already the housing bubble was a fact
and the vast majority of Spanish banks had put the brake in its commitment to real estate.
So much so that a high percentage of the Bank's assets were placed in construction, and a
good part of them especially toxic. In fact, the sanitation of popular Bank before your
purchase plan passed by delegate to an entity, as a bad Bank, the management of not less
than 6000 million toxic real estate assets, for this mode out of balance.
The European Central Bank, probably to a sense of fear of the effect dominated and
contagion declared unworkable to Banco Popular, this is the beginning of the end of the
entity. After this statement activates the intervention of the Board of resolution that can be
input at stake in a private bailout in which debt is changed by actions, as that ultimately
allows that a competitor, in this case bank Santander acquires measures a value s imbolico.
In any case this symbolic price not should deceive ourselves since the entity that has
acquired popular Bank will inject capital in the form of extensions and will also allocate
investment make absorption quick quickly. All counselor, supposedly, sanitation of the
acquired and to its setting in search of profitability, profitability that has been suggested to
shareholders can be placed within two or three years about 13%.
All financial institutions operating in Spain code of identification name category address
ES0241 A & G banking private, S.A. Entity's credit Cl Joaquín Costa, 26, CP 28002, Madrid
ESFI3989 A & G Treasury FI Fund money market Cl Joaquin Costa. 26, CP 28002, Madrid
ES2080 Abanca Banking Corporation, S.A. Entity's credit CI Canton Claudino Pita, 2 CP
15300 Betanzos ESFI3590 Abante Treasury, FI Fund money market Cl Padilla, 32, CP
28006, Madrid ES1556 ABN AMRO BANK N.V.. S.E Av\ José Banús credit institution.
Malaga II building. 2B. new Andalusia, CP 29660, Marbella ES1535 AKF Bank Gmbh & Co.
Kg, H.E. Entity of Europe Av, 12 credit, CP 28108, Alcobendas (Madrid) ES0011 Allfunds
Bank, S.A entity credit Cl Estafeta, 6, CP 28109 Alcobendas (Madrid) ES1544 Andbank
Spain, S.A. Entity's credit Ps la Castellana, 55, CP 28046, Madrid ES0136 Aresbank. S.A.
Entity's credit Ps la Castellana, 257, CP 28046, Madrid ESFI3282 ATL Capital liquidity. FI
Fund money market Cl Montalbán, 9, CP 28014, Madrid ES1541 Attijariwafa Bank Europe,
H.E entity of credit Cl Bravo Murillo, 210, CP 28020, Madrid ES8834 Avant card. EFC.
S.A.U another institution Cl Jose Echegaray, 6, CP 28232, Las Rozas (Madrid) ES1554
banking Farmafactoring. SPA Suc in Spain Cl Luchana credit institution. 23, CP 28010,
Madrid ES0061 Banca March, S.A. Entity's credit Av de Alejandro Roselló, 8, CP 07002,
Palma de Mallorca (Illes Balears) ES1550 Banca Popolare ethics society cooperative Per
Aziones, S.E. Credit c / Santa Maria, 9, CP 48005 Bilbao ES0078 Banca Pueyo, S.A.
institution Entity's credit Cl Santa María de Guadalupe, 2, CP 06700 Villanueva de la
Serena (Badajoz) ES0188 Bank Alcalá, S.A. Entity's credit Cl Jose Ortega y Gasset, 7, CP
28006, Madrid ES0182 Banco Bilbao Vizcaya Argentaria, S.A. Entity's credit Pz of San
Nicolas, 4 CP 48005 Bilbao ES0190 Banco Bpi, S.A., H.E. Ps the Castellana 40 Bis, CP
28046, Madrid ES0130 Banco Caixa Geral, S.A. credit institution Credit Cl Policarpo Sanz,
5, CP 36202, Vigo (Pontevedra) institution ES0234 Bank roads, S.A. Entity's credit Cl