Banco Caixa Geral
Encyclopedia
Banco Caixa Geral has its headquarters in Vigo
, Spain
, and is a subsidiary of Portugal's
largest bank, the government-owned Caixa Geral de Depositos
.
(Spain), which became Banco Luso Espagnol. Banco de Extramadura traced its origins back to 1939. In 1965 the name became Sanchez de Caceres and in 1972 transformed into Banco de Extremadura. Then in 1994, Caixa Geral acquired Banco Simeón from Banesto
. Banco Simeón had been founded in 1857 in Vigo
, Spain. In 2002, Caixa Geral merged all three banks under the Banco Simeón name. In 2006, Banco Simeón changed its name to Banco Caixa Geral.
Vigo
Vigo is a city and municipality in north-west Spain, in Galicia, situated on the ria of the same name on the Atlantic Ocean.-Population:...
, Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
, and is a subsidiary of Portugal's
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
largest bank, the government-owned Caixa Geral de Depositos
Caixa Geral de Depósitos
Caixa Geral de Depósitos is a Portuguese state-owned banking corporation and the largest bank in Portugal.- History :*1876 — Caixa Geral de Depósitos was founded under the aegis of the Junta de Crédito Público....
.
History
In 1991, Caixa Geral acquired Banco de Extremadura and the former operations of Chase Manhattan BankChase Manhattan Bank
JPMorgan Chase Bank, N.A., doing business as Chase, is a national bank that constitutes the consumer and commercial banking subsidiary of financial services firm JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000...
(Spain), which became Banco Luso Espagnol. Banco de Extramadura traced its origins back to 1939. In 1965 the name became Sanchez de Caceres and in 1972 transformed into Banco de Extremadura. Then in 1994, Caixa Geral acquired Banco Simeón from Banesto
Banesto
Banesto is a Spanish bank, 88.4% owned by Banco Santander. Currently Banesto is the fifth-largest banking group in Spain, operating around 1,770 branches....
. Banco Simeón had been founded in 1857 in Vigo
Vigo
Vigo is a city and municipality in north-west Spain, in Galicia, situated on the ria of the same name on the Atlantic Ocean.-Population:...
, Spain. In 2002, Caixa Geral merged all three banks under the Banco Simeón name. In 2006, Banco Simeón changed its name to Banco Caixa Geral.