What is Catalunya Caixa Bank?

CatalunyaCaixa (Catalan pronunciation: [kətəˌluɲəˈkaʃə]) was the trading name of Catalunya Banc S.A., a Spanish bank with headquarters in Barcelona and owned by Banco Bilbao Vizcaya Argentaria (BBVA), and absorbed by it in 2016. Its area of influence is located mainly at Catalonia.

Is CatalunyaCaixa owned by BBVA?

CatalunyaCaixa (Catalan pronunciation: [kətəˌluɲəˈkaʃə]) was the trading name of Catalunya Banc S.A., a Spanish bank with headquarters in Barcelona and owned by Banco Bilbao Vizcaya Argentaria (BBVA), and absorbed by it in 2016.

What does CatalunyaCaixa mean?

CatalunyaCaixa ( Catalan pronunciation: [kətəˌluɲəˈkaʃə]) was the trading name of Catalunya Banc S.A., a Spanish bank with headquarters in Barcelona and owned by Banco Bilbao Vizcaya Argentaria (BBVA), and absorbed by it in 2016. Its area of influence is located mainly at Catalonia.

How much capital did CatalunyaCaixa receive in 2011?

During 2011 and 2012, CatalunyaCaixa received a total of €12.052 billion capital investment from the Spanish government’s Fondo de Reestructuración Ordenada Bancaria (Fund for Orderly Bank Restructuring). The September 2011 capital injection effectively nationalised the bank, raising FROB’s ownership to 89.74%.