Caja Laboral Popular is a cooperative savings bank, providing retail banking products and services to its members.
Caja Laboral Popular, C.C. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).
Caja Laboral Popular, C.C. participates in deposit guarantee scheme of Spain. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Caja Laboral Popular, C.C. is located in Mondragón (Guipúzcoa).
|BBB+ (good credit quality)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Caja Laboral Popular, C.C. is rated by Fitch.
Credit ratings assigned to Caja Laboral Popular, C.C. 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 Caja Laboral Popular, C.C. it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Caja Laboral Popular, C.C. is set to F2 (good short-term credit quality).
|Long-Term Issuer Default Rating||BBB+|
|Short-Term Issuer Default Rating||F2|
|Support Rating Floor||NF|
Viability rating for Caja Laboral Popular, C.C. 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).
|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 Caja Laboral Popular, C.C. 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|
|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 Caja Laboral Popular, C.C. and its components are shown in the table below.
|Bank BIC Code||CLPE|
|Country Code||ES (Spain)|
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 Caja Laboral Popular, C.C. is shown in the table below.
Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.
|Bank Sort Code||3035|
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.