Created by Anna Mileiko 
Founded in 1964 as a credit cooperative Acofar, Bancofar provides retail banking products and services to cover financial needs of Spanish professionals in the pharmaceutical sector, both from professional and personal perspective.
In 2022, Bancofar, S.A. achieved the position of 40th largest bank in Spain with a market share of 0.08%; its total assets grew by 7.04%.
Additionally, the bank became the 27th profitable bank in relation to its total assets showcasing 0.18% return on assets and 2.95% return on equity in 2022.
Deposits up to 100,000 EUR are covered by Spanish deposit guarantee scheme in Bancofar, S.A.
Bancofar, S.A. was the 40th largest bank in Spain in terms of total assets. In 2022 its total assets were 1 795,25 mln EUR, providing the bank with the market share of 0.08%. In 2022 the bank's net income was 3,07 mln EUR.
Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)Bancofar, S.A. participates in the deposit guarantee scheme of Spain which applies to credit balances on accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Bancofar, S.A. is a member of Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) and makes its contributions into it.
Cl Almagro, 8, 28010, Madrid, Spain
0917023190
0917023194
SpanishBancofar, S.A. was headquartered in Madrid.
Bancofar, S.A. has profiles at the following social networks:
