March 05, 2015 7:39 PM ET

Banks

Company Overview of Banco Grupo Cajatres, S.A.U.

Company Overview

Banco Grupo Cajatres, S.A. offers commercial banking services. The company is based in Zaragoza, Spain. As of July 25, 2013, Banco Grupo Cajatres, S.A. operates as a subsidiary of Ibercaja Banco S.A.U.

Paseo Isabel la Catolica no 6

Zaragoza,  50009

Spain

Phone:

34 976 71 85 00

Fax:

34 976 71 83 06

Key Executives for Banco Grupo Cajatres, S.A.U.

Chairman of the Administrative Board
First Vice Chairman of the Administrative Board
Compensation as of Fiscal Year 2014.

Banco Grupo Cajatres, S.A.U. Key Developments

Banco Grupo Cajatres, S.A. Announces Director Changes

Banco Grupo Cajatres, S.A. announced that Miguel Alejandro Martín Pérez was appointed nonexecutive director of the company to replace Miguel Angel Gómez Aguado, who resigned. Miguel Alejandro Martín Pérez will also become a member of the executive committee and the audit and compliance committee.

Ibercaja and Caja 3 Reportedly Agree On Merger

Caja de Ahorros y Monte de Piedad de Zaragoza, Aragón y Rioja (Ibercaja) and Banco Grupo Cajatres, S.A. (Caja 3) have finalized an agreement on a planned merger, local media reported citing unnamed financial sources. It is known that Luis Maria Linde had asked Ibercaja and Caja 3 to take a decision before May 26, 2013. Ibercaja is expected to control 87.5% stake in the new entity and Caja 3 will hold the remaining.

Banco Grupo Cajatres, S.A. Plans to Close 52 Offices in Spain

Banco Grupo Cajatres, S.A. plans to close 52 bank offices in Spain to reduce overlaps in its network. Of the 52 offices, 14 are in Extremadura, 15 are in Castilla y León and 23 are in Aragón. The lender took into account proximity and compared business volumes when deciding which offices to close.

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