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.
Deposits up to 100,000 EUR are covered by Spanish deposit guarantee scheme in Abanca Corporacion Bancaria, S.A.
Becoming a client of Abanca Corporacion Bancaria, S.A. can be done in a few steps:
Abanca Corporacion Bancaria, S.A. performs client's identity verification via branch visit.
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).
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.
Abanca Corporacion Bancaria, S.A. is headquartered in Betanzos.