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Bankia
EntityQ806807· pop 22· linked from 95 articles

Bankia () was a Spanish financial services company that was formed in December 2010, consolidating the operations of seven regional savings banks, and was partially nationalized by the government of Spain in May 2012 due to the near-collapse of the institution. As of 2017, Bankia was the fourth largest bank in Spain, with total assets of €179.1 billion. In 2021, the bank merged with CaixaBank to create a new entity, initially preserving its original name.

Key facts

Company.name
Bankia S.A.
Company.logo
180px
Company.image
Bankia headquarters.jpg
Company.image_caption
Headquarters at Gate of Europe I, Madrid
Company.type
Sociedad Anónima
Company.ISIN
ES0113307039
Company.area_served
Spain
Company.key_people
José Ignacio Goirigolzarri(Executive Chairman)José Sevilla(CEO)
Company.industry
Financial services
Company.products
Retail banking, corporate banking, investment banking, private banking, asset management, finance and insurance
Company.revenue
€3.027 billion (2017)
Company.operating_income
€1.185 billion (2017)
Company.net_income
€816 million (2017)
Company.assets
€179.098 billion (2017)
Company.equity
€12.709 billion (2017)
Company.owner
Spanish Government (61%)
Company.parent
BFA Tenedora de Acciones
Company.num_employees
13,463 (2017)

via Wikipedia infobox

~10 min read

Encyclopedic overview

14 sections
Contents
  • History
  • Formation and IPO
  • Insolvency and state bailout
  • Restructuring (2012-2017)
  • Since 2017
  • Controversies
  • IPO misleading
  • Preference shares
  • Credit card misuse
  • Customer care
  • Organisation
  • See also
  • References
  • External links

Bankia () was a Spanish financial services company that was formed in December 2010, consolidating the operations of seven regional savings banks, and was partially nationalized by the government of Spain in May 2012 due to the near-collapse of the institution. As of 2017, Bankia was the fourth largest bank in Spain, with total assets of €179.1 billion. In 2021, the bank merged with CaixaBank to create a new entity, initially preserving its original name.

== History ==

Excerpted from Wikipedia’s “Bankia” article, available under the CC BY-SA 4.0 licence.