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February 11, 2016 9:37 PM ET

Banks

Company Overview of Abanca Corporación Bancaria, S.A.

Company Overview

Abanca Corporación Bancaria, S.A. provides general banking services primarily in Europe. It offers savings accounts; mortgages and other loans; investment and pension funds; and auto, home, health, and life insurance products and services. The company also provides debit and credit cards; and investment and auxiliary, and insurance brokerage services, as well as engages in the acquisition, holding, use, and write-off of various properties. In addition, it engages in treasury operations and financial market activities, which include issuances, and fixed and variable income portfolio; and offers collections management, electronic and mobile banking, and other services. The company serves custo...

Calle Cantón Claudino Pita no. 2

Betanzos

A Coruña,  

Spain

Founded in 2011

Phone:

34 902 12 13 14

Key Executives for Abanca Corporación Bancaria, S.A.

Executive Managing Director
Member of the Administrative Board, Member of Executive Commission and Member of Appointments & Remuneration Committee
Member of the Administrative Board and Member of Audit & Compliance Committee
Compensation as of Fiscal Year 2015.

Abanca Corporación Bancaria, S.A. Key Developments

Abanca Moves to Second Round Of Financiera

Abanca Corporación Bancaria, S.A. has moved ahead in the race to acquire Corporacion Financiera Habana, SA. On being asked about the auction of 60% stake of Bankia, S.A. (CATS:BKIA) in Financiera, Juan Carlos Escotet, Vice President of Abanca, said that the company has moved onto the second round, which is expected to close on December 4, 2015.

Abanca Mulls Acquisitions

Abanca Corporación Bancaria, S.A. intends to pursue acquisitions. The company is open to exploring possible acquisition and merger opportunities, Europa Press reported on November 26, 2015, citing vice president Juan Carlos Escotet. The company is willing to examine potential deals should an opportunity arise, he said.

Abanca Presents at Nomura Financial Services Conference, Nov-20-2015

Abanca Presents at Nomura Financial Services Conference, Nov-20-2015 . Venue: Nomura's London office, 1 Angel Lane, London, United Kingdom.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 23, 2015
R Cable y Telecomunicaciones Galicia, S.A.
Merger/Acquisition
July 10, 2015
Eólica Galenova S.L.
Merger/Acquisition
June 17, 2015
Decanos Servicios Y Residencias De Mayores, S.A.
 

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