Abanca Corporacion Bancaria, S.A.

Anna Mileiko Created by Anna Mileiko

Abanca Corporacion Bancaria, S.A. Logo

Address

CI Cantón Claudino Pita, 2, 15300, Betanzos, Spain

BIC

CAGLESMMVIG

Overview

Category

Commercial banks

Business Focus

retail and business banking

Abanca Corporación Bancaria (ABANCA, formerly NCG Banco) was created in September 2011 following a merger of several local Galician savings banks. ABANCA bank provides retail, private and business banking products and services to natural persons, families, companies, SMEs and freelancers.

Deposit Protection

Deposits up to 100,000 EUR are covered by Spanish deposit guarantee scheme in Abanca Corporacion Bancaria, S.A.

Services

retail banking
business banking

Products

current accounts
debit cards
savings accounts
time deposit accounts
credit cards
consumer loans
car loans
mortgage loans

Card Providers

VisaMasterCard

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Account Opening

Becoming a client of Abanca Corporacion Bancaria, S.A. can be done in a few steps:

Abanca Corporacion Bancaria, S.A. Account Opening
1.
Submit online application
2.
Visit bank branch

Abanca Corporacion Bancaria, S.A. performs client's identity verification via branch visit.

See Also

Credit Ratings

Fitch: BBB-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Abanca Corporacion Bancaria, 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).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)
Covered Accounts
credit balances on accounts
Eligible Depositors
natural persons
legal entities

Abanca Corporacion Bancaria, S.A. protects deposits up to up to 100,000 EUR per depositor through Spain's deposit guarantee scheme. The scheme applies to credit balances on accounts made by natural persons, legal entities. The bank participates in the Fondo de Garantía de Depósitos de Entidades de Crédito (FGD), making regular contributions into it.

See Also

Contacts

addressCI Cantón Claudino Pita, 2, 15300, Betanzos, Spain
phone0981187000
fax0981223562

Abanca Corporacion Bancaria, S.A. is headquartered in Betanzos.

See Also

Bank Identifiers

BIC (SWIFT)
CAGLESMMVIG
Bank Sort Code
2080
LEI
54930056IRBXK0Q1FP96
Company Number
A70302039
MFI ID
ES2080

Bank History

Previous Name
NCG Banco, S.A.
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