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March 28, 2015 12:42 PM ET


Company Overview of Banco Financiero y de Ahorros S.A.U.

Company Overview

Banco Financiero y de Ahorros S.A.U. primarily provides a range of banking services to individuals, and small and medium-sized companies in Spain. The company offers fixed-term deposits; consumer and mortgage loans; and capital market, private banking, asset management, and insurance services. It serves customers through a distribution channel of offices, Website, events, and fairs. The company is also involved in insurance, asset management, financial services, development and management of property assets, and other activities. Banco Financiero y de Ahorros S.A.U. was founded in 2010 and is based in Madrid, Spain.

Paseo de la Castellana nº 189

Madrid,  28046


Founded in 2010


34 916 02 46 78

Key Executives for Banco Financiero y de Ahorros S.A.U.

Chief Executive Officer
Age: 59
Compensation as of Fiscal Year 2014.

Banco Financiero y de Ahorros S.A.U. Key Developments

Banco Financiero y de Ahorros S.A. Reports Earnings Results for the Full Year of 2013

Banco Financiero y de Ahorros S.A. reported earnings results for the full year of 2013. For the year, the company booked a net profit of EUR 818 million in 2013, meeting the EUR 800 million objective in its 2012-2015.

BFA Group Reports Earnings Results for the First Half of 2013

BFA Group reported earnings results for the first half of 2013. For the period, the company's net profit reached EUR 428 million in the first half of 2013 against net loss of EUR 5.161 billion in the six months to June 2012. Net interest income was EUR 1.204 billion.

Hojiblanca Mulls Acquisition Of 16% Stake Of Banco In Deoleo

Grupo Hojiblanca is planning to acquire 16% stake in Deoleo SA from Banco Financiero y de Ahorros S.A. Antonio Luque, Director General of Hojiblanca said to El Economista, "If it's possible, we are not ruling out buying that stake. We are considering it." Antonio added that other shareholders Deoleo are expected to sell their stakes too and Hojiblanca would wait to see how things progress before purchasing Bankia's stake. Antonio said, "What is our strategy for the future? To have a bigger stake in Deoleo. A total merger is impossible ... Taking a bigger stake in the future, well yes."

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