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July 03, 2015 6:49 AM ET

Banks

Company Overview of Abanca Corporación Bancaria, S.A.

Company Overview

Abanca Corporación Bancaria, S.A. provides a range of general banking services in Spain. The company is headquartered in A Coruña, Spain. Abanca Corporación Bancaria, S.A. operates as a subsidiary of Abanca Holding Financiero, S.A.

Rua Nueva 30-32

A Coruña,  

Spain

Key Executives for Abanca Corporación Bancaria, S.A.

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

NCG Banco SA has Changed its Name to Abanca Corporacion Bancaria SA

On December 22, 2014, NCG Banco SA changed its name to Abanca Corporacion Bancaria SA.

Sacyr, Citigroup And Local Banks Reportedly Plan To Sell Stake In Itinere

Sacyr SA (CATS:SCYR), Citigroup Inc. (NYSE:C) and local banks Bilbao Bizkaia Kutxa, Aurrezki Kutxa eta Bahitetxea, Liberbank, S.A. (CATS:LBK) and NCG Banco, S.A. are planning to sell their stake in Itínere Infraestructuras, S.A., Expansion reported.

FROB Reportedly Receives Six Binding Bids For NCG Banco

Fondo de Reestructuracion Ordenada Bancaria (FROB) received six binding bids for the purchase of a 88.33% stake in NCG Banco, S.A. The bids were placed by Banco Santander, S.A. (CATS:SAN), Banco Bilbao Vizcaya Argentaria, S.A. (CATS:BBVA), CaixaBank, S.A. (CATS:CABK), Guggenheim Capital, LLC and a consortium of J.C. Flowers & Co. LLC and Oaktree Capital Group, LLC (NYSE:OAK), news agency EFE quoted unnamed sources as saying. FROB now plans to analyze the offers, pick the best three and launch a second round of the tender, giving investors the opportunity to improve their bids.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 17, 2015
Decanos Servicios Y Residencias De Mayores, S.A.
Merger/Acquisition
March 23, 2015
Caixanova Vida y Pensiones, Sociedad Anónima de Seguros y Reaseguros
Merger/Acquisition
February 23, 2015
Inversiones Ahorro 2000, S.A.
 

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