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November 29, 2015 7:57 AM ET

Diversified Financial Services

Company Overview of Banco de Crédito Social Cooperativo, S.A.

Company Overview

Banco de Crédito Social Cooperativo, S.A., through its subsidiaries, provides financial products and services in the rural areas of Spain. Its financing activity is primarily focused on SMEs, self-employed, and family economy. The company finances local productive sectors, social economy cooperatives, and companies primarily in the food and agriculture sector. It primarily operates through its branches. The company was founded in 1963 and is based in Madrid, Spain. The company was formerly known as Cajas Rurales Unidas, Sociedad Cooperativa de Crédito and changed its name to Banco de Crédito Social Cooperativo, S.A. in July 2014. Banco de Crédito Social Cooperativo, S.A. operates as a subsid...

Paseo de la Castellana 87

Madrid,  28046


Founded in 1963

6,897 Employees


34 914 36 47 03

Key Executives for Banco de Crédito Social Cooperativo, S.A.

Chief Executive Officer, Managing Director and Director
Age: 49
Chairman and President
Age: 60
Deputy Chairwoman and Vice President
Age: 48
Compensation as of Fiscal Year 2015.

Banco de Crédito Social Cooperativo, S.A. Key Developments

Cajas Rurales Unidas SCC Prices EUR 750 Million Bond

Cajas Rurales Unidas SCC, on Jan. 15 priced a EUR 750 million bond. The notes, which mature Jan. 26, 2022, carry a coupon of 1.25%. The issue and reoffer price were set at 99.277, and the reoffer yield is 1.359%. The spread on the notes is 90 basis points more than the underlying government bond midswap rate.

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