Created before Nov 2016
Last update: 2019-05-07 16:13:01
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Bankia is a Spanish banking conglomerate that was formed in December 2010, consolidating the operations of seven regional savings banks: Caja Madrid, Bancaja, La Caja de Canarias, Caja de Avila, Caja de Laietana, Caja de Segovia and Caja de Rioja. Formerly a private bank, it was partially nationalized by the government of Spain in May 2012 due to near collapse of the institution. On 25 May 2012, Bankia requested a bailout of EUR 19 billion, the largest bank bailout in the nation's history.
Plaza De Celenque 2
José Sevilla Alvarez |
Annual report 2018|
CSR report 2018
listed on Bolsa de Madrid
The Banco Financiero y de Ahorros (BFA) owns 61.41% of the shares. Bankia's complete share holder structure can be accessed here.
Voluntary initiativesBankia has committed itself to the following voluntary standards:
Bankia's webpage on corporate social responsibility can be accessed here.
Bankia and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Bankia adopted the Equator Principles in 2018.
Reporting on the Equator Principles
Bankia must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Bankia is in compliance with its reporting obligations. Bankia is still in its grace period.