CaixaBank is a financial services company, member of La Caixa group. CaixaBank, one of the largest banks in Spain, provides universal banking and insurance products and services.
In 2016 total assets of CaixaBank, S.A were 306,38 bln EUR. In 2016 the bank's net income was 1 047,00 mln EUR.
CaixaBank, S.A is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).
CaixaBank, S.A participates in deposit guarantee scheme of Spain. This scheme covers accounts up to 100 000 EUR per bank per depositor.
La Caixa (Spain)CaixaBank, S.A is a member of La Caixa (Spain).
CaixaBank, S.A is headquartered in Valencia.
| Services |
|---|
| retail banking private banking corporate banking insurance |
| Products |
| current accounts debit cards credit cards savings accounts time deposit accounts mutual funds consumer loans mortgage loans pension plans business loans trade finance trading accounts |
CaixaBank, S.A provides products and services in the areas of retail banking, private banking, corporate banking, insurance. The range of products offered by CaixaBank, S.A includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, mutual funds, consumer loans, mortgage loans, pension plans, business loans, trade finance, trading accounts.
Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.
Current accounts made with CaixaBank, S.A are covered by deposit guarantee scheme of Spain up to 100 000 EUR per depositor. The following current accounts are offered by CaixaBank, S.A.
Updated on 20 May 2018
SpainSpain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.
Trading accounts made with CaixaBank, S.A are covered by investor compensation scheme of Spain up to 20 000 EUR per investor. Trading accounts offered by CaixaBank, S.A are shown in the table below.
Updated on 20 May 2018
SpainSpain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
| Total Assets (2016) |
|---|
| 306.38 bln EUR (-3.31%) |
In 2016 total assets of CaixaBank, S.A were 306.38 bln EUR. Decline compared to the previous period (2015) was -3.31%.
| Net Income (2016) |
|---|
| 1 047.00 mln EUR (+28.62%) |
In 2016 net income of CaixaBank, S.A was 1 047.00 mln EUR. Growth compared to the previous period (2015) was 28.62%.
| Fitch | Moody's |
|---|---|
| BBB (good credit quality) | Baa1 (lower medium grade) |
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. CaixaBank, S.A is rated by Fitch and Moody's.
Credit ratings assigned to CaixaBank, S.A as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for CaixaBank, S.A it is set to BBB (good credit quality), outlook is positive (may be raised). The rating is not on watch. Short-term issuer default rating for CaixaBank, S.A is set to F2 (good short-term credit quality).
| Long-Term Issuer Default Rating | BBB |
| Outlook | positive |
| On Watch | No |
| Short-Term Issuer Default Rating | F2 |
| Viability Rating | bbb |
| Support Rating | 5 |
| Support Rating Floor | NF |
Viability rating for CaixaBank, S.A is set to bbb (good fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).
Long-term rating for CaixaBank, S.A it is set to Baa1 (lower medium grade). Long-term bank deposit rating is Baa1 (lower medium grade). Baseline credit assessment is ba1. Short-term rating is not assigned.
| Long-Term Rating | Baa1 |
| Long-Term Bank Deposit Rating | Baa1 |
| Baseline Credit Assessment | ba1 |
| Short-Term Rating | - |
| Outlook | stable |
Outlook for the ratings of CaixaBank, S.A is set to stable (not likely to change).
| Deposit Guarantee |
|---|
| Yes (up to 100 000 EUR per depositor) |
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Spain are obliged to participate in Spanish deposit guarantee scheme.
In the case of CaixaBank, S.A failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
| Eligible Depositors | natural persons, legal entities |
| Covered Accounts | credit balances on accounts, nominative deposit certificates constituted in the EU |
| Covered Currencies | all |
| Maximum Protected Amount | 100 000 EUR |
| Paid In Currency | EUR |
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of CaixaBank, S.A and its components are shown in the table below.
| BIC | CAIXESBB |
| Bank BIC Code | CAIX |
| Country Code | ES (Spain) |
| Location Code | BB |
| Branch Code | - |
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of CaixaBank, S.A is shown in the table below.
| MFI ID | ES2100 |
