<![CDATA[CaixaBank - Communication]]> https://www.caixabank.com/aplnr/comunicacion/buscador/servicio.noticiasRSS_en.html WordPress <![CDATA[The winners and finalists of the EmprendedorXXI Awards travel to Silicon Valley and Cambridge]]> https://blog.caixabank.es/?p=23645 2019-08-13T08:00:00.0Z 2019-08-13T08:00:00.0Z <![CDATA[The winners and finalists of the EmprendedorXXI Awards travel to Silicon Valley and Cambridge]]> Silicon Valley, considered to be the mecca of enterprise, is a unique ecosystem for entrepreneurs, a centre of worldwide innovation representing a melting pot of initiatives, projects and cutting-edge companies that lead the way in technology, and which are a true benchmark to follow.

A total of 12 winners and finalists of the twelfth edition of the EmprendedorXXI Awards, promoted by CaixaBank through DayOne, its specialised division for technology and innovation companies and their investors, have benefited from an international backing programme in Silicon Valley, organised by ESADE in collaboration with the Singularity University. During their stay, the representatives of the companies Triditive, Zeleros, Huub, PeekMed, Pro Drone, Seacliq, BeePlanet Factory, GlyCardial, Mitiga, Predictiva, Feelwood y Nido Robotics gained first-hand knowledge of the technologies with potential to change the rules of the game in different industries, and were given tools to help enable them to develop disruptive ideas.

Iván Bofarull, CIO at ESADE y director del programa formative, exaplains that, “this initiative aims to help Spanish entrepreneurs to be more ambitious with their projects and to think big, by using the Moonshot Thinking method”. For Pedro Araújo Manuel (Seacliq), “this programme offers business owners a highly interesting take on how to set out ambitious aims for their companies, without forgetting to hone in on what matters the most”. Furthermore, Judit Cubedo (GlyCardial), says that “it has helped me to become aware of the need to highlight the purpose and mission of our company, not only externally but also within the company”. Jon Asín (BeePlanet Factory), adds that “this experience has been very useful for better understanding my role as CEO and the next steps to take to enable our project to be a success”. Pablo Enciso (Predictiva) states that “the main goal of having taken part in this programme is to look at the big picture and try to view problems in a different way, with new approaches”. Furthermore, Roy Petter Torgersen (Nest Robotics), emphasises that “it has helped us to learn to undertake our mission more broadly and to think bigger”.

It also helps them conduct market research, analyse opportunities and, all in all, gain an understanding of a unique ecosystem such as Silicon Valley. As stated by Óscar Longares, (Feltwood), “there are many things that are applicable to our day-to-day running, such as team management and how to think about the goals we want to achieve”. According to David Pistoni (Zeleros), “thanks to this programme we have a better understanding of the rules we have to define from the outset in our company to reach the level of a major disruptor”. João Pedro Ribeiro (PeekMed), highlights that “a really important question that we must focus on is the customer, to understand their concerns and needs… in order to be able to build a better product”.

The activity is part of the backing programme developed by CaixaBank, the goal of which is to give to participants information in order to identify markets, sectors and people that can be crucial to their company's development. During their stay, the participants experienced the day-to-day running of Spanish companies that have landed in San Francisco to stay, learned the rules of the game for venture capital investors, as well as had the chance to gain first-hand knowledge of success stories, such as Google, and the entrepreneurial ecosystem of the worldwide capital of technology. For José Camero (Triditive), “it has been one of the most revealing experiences I have had. Moonshot Thinking was something I was unaware of and once you understand it, you completely change your view of enterprise”.

This programme is intended for companies that are at an advanced stage and aims to be a transformational, inspirational and exploratory course. One of the goals is to encourage a change of mentality, to transform their industry, think big and global and learn to anticipate future threats. In conclusion, André Moura, (Pro Drone), points out that “we really have to grow our ambitions on a worldwide scale”.

Business growth in Cambridge

Furthermore, 14 of the winners and finalists of these awards have taken part in an international course on business growth, Ignite Fast Track, by the University of Cambridge (United Kingdom). For six days, the entrepreneurs from LOQR, Aquacorp, Svmac, Faromatics, Hustle Got Real, Power Track, Ficosterra, Titan Fire Systems, Activh2o, Nu-Rise, X-Net Software Solutions, Biometric Vox, Cherky y Global Cen attended an academic training programme intended for companies at the initial stages to support them to continue to grow and validate their projects. As set out by the Executive Director of The Entrepreneurship Centre of the University of Cambridge, Bruno Cotta, “Ignite combines practical teaching, mentor and advisory sessions, experienced support and advice shared by the main business owners and innovators, which offers participants the tools, contacts and confidence to turn their ideas into successful business projects or companies”.

As explained by Pedro Borges (LOQR), “attending Ignite Fast Track has been a wonderful opportunity, enabling us to make good use of the knowledge of highly experienced teachers and enterprises, in addition to gaining an understanding of the Cambridge innovation ecosystem”.

Furthermore, as stated by Pablo Pérez (Aquacorp), “it is a way of refreshing rusty concepts and sharing them with other start-ups as a way of internationally contrasting what we are doing”. This opinion is also shared by Rubén Sánchez (Svmac), who defines the experience as positive and rewarding. Furthermore, Daniel Rosés (Faromatics) highlights the contact with other enthusiastic entrepreneurs “with similar motivations, allowing them to share visions of how to move forward with different business models”.

The purpose of this course has been to support them in validating their business models and continue promoting the launch of their products and services in global markets. Miguel Pieras (Hustle Got Real) values “the ideas that can be applied to our business in the short term and improve the experience of our customers”. During the course, different business areas came under the spotlight: from defining the marketing strategy to building a great team, defining a value proposal, designing a business model, financial strategy, leadership, negotiation skills, etc. According to José Mendoza (Power Track), “this course has allowed me to apply my skills and refresh knowledge acquired, as well as make the most of my network of contacts and future collaborations, both nationwide and internationally”. Furthermore, Luis Lombana (Ficosterra) and Javier Escolano (Titan Fire) highlight the new ideas they have taken away to address challenges in the new economy and to promote and develop their companies. Bruno Pagalday (Activh2o) outlines “the proximity and availability of support from major business leaders and the entrepreneurial ecosystem” and Luis Moutinho (Nu-Rise) adds that “it is always brilliant and inspiring to interact with other entrepreneurs”.

Thanks to the shared knowledge, the training and support received from the mentors, the workshops carried out, project presentations, among other activities, some entrepreneurs underline that they will change the way of presenting their company to investors. Sergio Jordan (X-Net Software Solutions) points out that this programme has helped him to better determine his user segment and to implement tests that he must carry out and adds that “this course has been an opportunity to validate our project”. Another aspect of this international experience indicated by Roberto Font (Biometrix Vox) is the fact that he has been able to share a week “with unbelievable people, and that it is a highly useful course”. Carlos Camarero (Cherky), states that these training days “have enabled him to take a break from his day-to-day routine, to gain a new perspective and see that, when it comes to enterprise, nearly all of us have problems in common”. The course has provided José Martí (Global Cen) with tools to better define some strategies in terms of markets and work teams.

Benchmark consolidated awards

The EmprendedorXXI Awards, backed by the Ministry of Industry, Trade and Tourism, through Enisa, are an established acknowledgement throughout Spain, the most prominent event for Spanish and Portuguese start-ups and a key initiative in championing the best innovative business projects.

Besides access to one of the international backing programmes, in this edition, the winning companies in the sectors received an economic grant of 25,000 euros and, furthermore, the companies with the greatest impact in their region received 5,000 euros.

In total, this latest edition distributed nearly 525,000 euros in prizes, which puts the EmprendedorXXI Awards among the highest in terms of financial prize-winnings for entrepreneurs in Spain and Portugal.

 

]]>
Silicon Valley, considered to be the mecca of enterprise, is a unique ecosystem for entrepreneurs, a centre of worldwide innovation representing a melting pot of initiatives, projects and cutting-edge companies that lead the way in technology, and which are a true benchmark to follow.

A total of 12 winners and finalists of the twelfth edition of the EmprendedorXXI Awards, promoted by CaixaBank through DayOne, its specialised division for technology and innovation companies and their investors, have benefited from an international backing programme in Silicon Valley, organised by ESADE in collaboration with the Singularity University. During their stay, the representatives of the companies Triditive, Zeleros, Huub, PeekMed, Pro Drone, Seacliq, BeePlanet Factory, GlyCardial, Mitiga, Predictiva, Feelwood y Nido Robotics gained first-hand knowledge of the technologies with potential to change the rules of the game in different industries, and were given tools to help enable them to develop disruptive ideas.

Iván Bofarull, CIO at ESADE y director del programa formative, exaplains that, “this initiative aims to help Spanish entrepreneurs to be more ambitious with their projects and to think big, by using the Moonshot Thinking method”. For Pedro Araújo Manuel (Seacliq), “this programme offers business owners a highly interesting take on how to set out ambitious aims for their companies, without forgetting to hone in on what matters the most”. Furthermore, Judit Cubedo (GlyCardial), says that “it has helped me to become aware of the need to highlight the purpose and mission of our company, not only externally but also within the company”. Jon Asín (BeePlanet Factory), adds that “this experience has been very useful for better understanding my role as CEO and the next steps to take to enable our project to be a success”. Pablo Enciso (Predictiva) states that “the main goal of having taken part in this programme is to look at the big picture and try to view problems in a different way, with new approaches”. Furthermore, Roy Petter Torgersen (Nest Robotics), emphasises that “it has helped us to learn to undertake our mission more broadly and to think bigger”.

It also helps them conduct market research, analyse opportunities and, all in all, gain an understanding of a unique ecosystem such as Silicon Valley. As stated by Óscar Longares, (Feltwood), “there are many things that are applicable to our day-to-day running, such as team management and how to think about the goals we want to achieve”. According to David Pistoni (Zeleros), “thanks to this programme we have a better understanding of the rules we have to define from the outset in our company to reach the level of a major disruptor”. João Pedro Ribeiro (PeekMed), highlights that “a really important question that we must focus on is the customer, to understand their concerns and needs… in order to be able to build a better product”.

The activity is part of the backing programme developed by CaixaBank, the goal of which is to give to participants information in order to identify markets, sectors and people that can be crucial to their company's development. During their stay, the participants experienced the day-to-day running of Spanish companies that have landed in San Francisco to stay, learned the rules of the game for venture capital investors, as well as had the chance to gain first-hand knowledge of success stories, such as Google, and the entrepreneurial ecosystem of the worldwide capital of technology. For José Camero (Triditive), “it has been one of the most revealing experiences I have had. Moonshot Thinking was something I was unaware of and once you understand it, you completely change your view of enterprise”.

This programme is intended for companies that are at an advanced stage and aims to be a transformational, inspirational and exploratory course. One of the goals is to encourage a change of mentality, to transform their industry, think big and global and learn to anticipate future threats. In conclusion, André Moura, (Pro Drone), points out that “we really have to grow our ambitions on a worldwide scale”.

Business growth in Cambridge

Furthermore, 14 of the winners and finalists of these awards have taken part in an international course on business growth, Ignite Fast Track, by the University of Cambridge (United Kingdom). For six days, the entrepreneurs from LOQR, Aquacorp, Svmac, Faromatics, Hustle Got Real, Power Track, Ficosterra, Titan Fire Systems, Activh2o, Nu-Rise, X-Net Software Solutions, Biometric Vox, Cherky y Global Cen attended an academic training programme intended for companies at the initial stages to support them to continue to grow and validate their projects. As set out by the Executive Director of The Entrepreneurship Centre of the University of Cambridge, Bruno Cotta, “Ignite combines practical teaching, mentor and advisory sessions, experienced support and advice shared by the main business owners and innovators, which offers participants the tools, contacts and confidence to turn their ideas into successful business projects or companies”.

As explained by Pedro Borges (LOQR), “attending Ignite Fast Track has been a wonderful opportunity, enabling us to make good use of the knowledge of highly experienced teachers and enterprises, in addition to gaining an understanding of the Cambridge innovation ecosystem”.

Furthermore, as stated by Pablo Pérez (Aquacorp), “it is a way of refreshing rusty concepts and sharing them with other start-ups as a way of internationally contrasting what we are doing”. This opinion is also shared by Rubén Sánchez (Svmac), who defines the experience as positive and rewarding. Furthermore, Daniel Rosés (Faromatics) highlights the contact with other enthusiastic entrepreneurs “with similar motivations, allowing them to share visions of how to move forward with different business models”.

The purpose of this course has been to support them in validating their business models and continue promoting the launch of their products and services in global markets. Miguel Pieras (Hustle Got Real) values “the ideas that can be applied to our business in the short term and improve the experience of our customers”. During the course, different business areas came under the spotlight: from defining the marketing strategy to building a great team, defining a value proposal, designing a business model, financial strategy, leadership, negotiation skills, etc. According to José Mendoza (Power Track), “this course has allowed me to apply my skills and refresh knowledge acquired, as well as make the most of my network of contacts and future collaborations, both nationwide and internationally”. Furthermore, Luis Lombana (Ficosterra) and Javier Escolano (Titan Fire) highlight the new ideas they have taken away to address challenges in the new economy and to promote and develop their companies. Bruno Pagalday (Activh2o) outlines “the proximity and availability of support from major business leaders and the entrepreneurial ecosystem” and Luis Moutinho (Nu-Rise) adds that “it is always brilliant and inspiring to interact with other entrepreneurs”.

Thanks to the shared knowledge, the training and support received from the mentors, the workshops carried out, project presentations, among other activities, some entrepreneurs underline that they will change the way of presenting their company to investors. Sergio Jordan (X-Net Software Solutions) points out that this programme has helped him to better determine his user segment and to implement tests that he must carry out and adds that “this course has been an opportunity to validate our project”. Another aspect of this international experience indicated by Roberto Font (Biometrix Vox) is the fact that he has been able to share a week “with unbelievable people, and that it is a highly useful course”. Carlos Camarero (Cherky), states that these training days “have enabled him to take a break from his day-to-day routine, to gain a new perspective and see that, when it comes to enterprise, nearly all of us have problems in common”. The course has provided José Martí (Global Cen) with tools to better define some strategies in terms of markets and work teams.

Benchmark consolidated awards

The EmprendedorXXI Awards, backed by the Ministry of Industry, Trade and Tourism, through Enisa, are an established acknowledgement throughout Spain, the most prominent event for Spanish and Portuguese start-ups and a key initiative in championing the best innovative business projects.

Besides access to one of the international backing programmes, in this edition, the winning companies in the sectors received an economic grant of 25,000 euros and, furthermore, the companies with the greatest impact in their region received 5,000 euros.

In total, this latest edition distributed nearly 525,000 euros in prizes, which puts the EmprendedorXXI Awards among the highest in terms of financial prize-winnings for entrepreneurs in Spain and Portugal.

 

]]>
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<![CDATA[CaixaBank reaches one million mobile payment customers and increases the number of transactions by 171.9% on last year]]> https://blog.caixabank.es/?p=23645 2019-08-05T11:00:00.0Z 2019-08-05T11:00:00.0Z <![CDATA[CaixaBank reaches one million mobile payment customers and increases the number of transactions by 171.9% on last year]]> CaixaBank has reached one million mobile payment customers, a milestone that reflects the considerable growth of this system in Spain. Over the past twelve months, the number of CaixaBank customers making mobile payments has increased 87%, whereas the number of cards added to terminals has risen by 95% and currently exceeds 1.4 million.

It is a significant percentage, and an increasing number of users are adding more than one card to their mobile phone to make payments. In addition, the number of people using their mobile for payments currently stands at 10.8% of the total number of customers with CaixaBank cards.

Exponential growth in the number of transactions

With regard to the number of transactions, the number of mobile payments is growing exponentially. CaixaBank customers have increased their number of mobile payment transactions by 171.9%, from 2.3 million in June 2018 to 6.3 million in June 2019. In total, the CaixaBank cards added to mobiles carried out 49.2 million transactions in the past year.

Mobile purchases currently represent 5.10% of the total transactions carried out using cards in face-to-face purchases, versus the 2.20% registered in the same month of 2018.

CaixaBank, Spain’s leading bank in terms of card payments, with a total of 17.24 million cards issued and market shares of 23.7% in purchasing turnover and 27% in turnover via POS terminals in stores, is also Spain's market leader in mobile payments, where the share rises to 33.8%.

The key: superior user experience.

Juan Antonio Alcaraz, CaixaBank's Managing Director, says, “2019 is the year in which mobile payment is taking off throughout Spain, a trend that is accelerating due to the growing importance of user experience as a significant success factor in any digital product.” Alcaraz also added: “CaixaBank is collaborating with large sector companies, such as a Samsung and Apple, to continue offering the best service before, during and after making a purchase. In addition to paying for their purchases, the customers' interaction with the Bank via its CaixaBank Pay application and the complementary services to which it provides access are a crucial part of this growing phenomenon of mobile payments.”

Mobile payments provide customers with an enhanced experience when paying for their purchases. The CaixaBank Pay application provides the option of having all cards on a mobile phone and managing them in a quick and simple way, including functionalities such as activating or blocking cards or accessing the most convenient payment method (deferred payment, payment in instalments, etc.). It also provides access to new services, such as sharing expenses or resolving payment incendents.

CaixaBank Pay is integrated with Samsung Pay and Apple Pay on phones and wearable devices that are compatible with these services, providing an optimal customer experience. In addition, the Bank has launched a mobile payment service for smartwatch models that use Garmin Pay or Fitbit Pay. More than 100,000 customers are currently using wearable devices to make payments.

The Bank's mobile payment customers have access to all the card services it has to offer, including the CaixaBankProtect guarantee, which protects the user against any unauthorised use of its payment methods.

CaixaBank, an international leader in innovation

CaixaBank is the leading financial group in retail banking in Spain and one of the most important in Portugal. It has 15.6 million customers in the Iberian market and boasts the peninsula's largest branch network.

Technology and digitalisation are key parts of the Company's business model, which has the largest base of digital customers in Spain (6.3 million). In addition, CaixaBank has developed projects that have marked technological turning points in the sector, such as the creation of the first cash machines that allow customers to perform operations through facial recognition without having to enter their PIN.

Thanks to its digital transformation strategy, CaixaBank has become one of the highest-rated banks in the world based on the quality of its digital products and services. In 2019, the company was recognised as the “Most Innovative Bank in Western Europe” by the US magazine Global Finance. It has also been acknowledged as the Best Private Banking Institution in the world for its digital client communication at the Wealth Tech Awards held by PWM magazine of the Financial Times group. In 2018, the company was chosen as the “Best Digital Bank in Western Europe” by the publication Euromoney; and its mobile banking application, CaixaBankNow, was recognised by the Bank Administration Institute (BAI) and by the British magazine The Banker as the mobile technological project of the year in the 2018 Tech Project Awards.

 

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CaixaBank has reached one million mobile payment customers, a milestone that reflects the considerable growth of this system in Spain. Over the past twelve months, the number of CaixaBank customers making mobile payments has increased 87%, whereas the number of cards added to terminals has risen by 95% and currently exceeds 1.4 million.

It is a significant percentage, and an increasing number of users are adding more than one card to their mobile phone to make payments. In addition, the number of people using their mobile for payments currently stands at 10.8% of the total number of customers with CaixaBank cards.

Exponential growth in the number of transactions

With regard to the number of transactions, the number of mobile payments is growing exponentially. CaixaBank customers have increased their number of mobile payment transactions by 171.9%, from 2.3 million in June 2018 to 6.3 million in June 2019. In total, the CaixaBank cards added to mobiles carried out 49.2 million transactions in the past year.

Mobile purchases currently represent 5.10% of the total transactions carried out using cards in face-to-face purchases, versus the 2.20% registered in the same month of 2018.

CaixaBank, Spain’s leading bank in terms of card payments, with a total of 17.24 million cards issued and market shares of 23.7% in purchasing turnover and 27% in turnover via POS terminals in stores, is also Spain's market leader in mobile payments, where the share rises to 33.8%.

The key: superior user experience.

Juan Antonio Alcaraz, CaixaBank's Managing Director, says, “2019 is the year in which mobile payment is taking off throughout Spain, a trend that is accelerating due to the growing importance of user experience as a significant success factor in any digital product.” Alcaraz also added: “CaixaBank is collaborating with large sector companies, such as a Samsung and Apple, to continue offering the best service before, during and after making a purchase. In addition to paying for their purchases, the customers' interaction with the Bank via its CaixaBank Pay application and the complementary services to which it provides access are a crucial part of this growing phenomenon of mobile payments.”

Mobile payments provide customers with an enhanced experience when paying for their purchases. The CaixaBank Pay application provides the option of having all cards on a mobile phone and managing them in a quick and simple way, including functionalities such as activating or blocking cards or accessing the most convenient payment method (deferred payment, payment in instalments, etc.). It also provides access to new services, such as sharing expenses or resolving payment incendents.

CaixaBank Pay is integrated with Samsung Pay and Apple Pay on phones and wearable devices that are compatible with these services, providing an optimal customer experience. In addition, the Bank has launched a mobile payment service for smartwatch models that use Garmin Pay or Fitbit Pay. More than 100,000 customers are currently using wearable devices to make payments.

The Bank's mobile payment customers have access to all the card services it has to offer, including the CaixaBankProtect guarantee, which protects the user against any unauthorised use of its payment methods.

CaixaBank, an international leader in innovation

CaixaBank is the leading financial group in retail banking in Spain and one of the most important in Portugal. It has 15.6 million customers in the Iberian market and boasts the peninsula's largest branch network.

Technology and digitalisation are key parts of the Company's business model, which has the largest base of digital customers in Spain (6.3 million). In addition, CaixaBank has developed projects that have marked technological turning points in the sector, such as the creation of the first cash machines that allow customers to perform operations through facial recognition without having to enter their PIN.

Thanks to its digital transformation strategy, CaixaBank has become one of the highest-rated banks in the world based on the quality of its digital products and services. In 2019, the company was recognised as the “Most Innovative Bank in Western Europe” by the US magazine Global Finance. It has also been acknowledged as the Best Private Banking Institution in the world for its digital client communication at the Wealth Tech Awards held by PWM magazine of the Financial Times group. In 2018, the company was chosen as the “Best Digital Bank in Western Europe” by the publication Euromoney; and its mobile banking application, CaixaBankNow, was recognised by the Bank Administration Institute (BAI) and by the British magazine The Banker as the mobile technological project of the year in the 2018 Tech Project Awards.

 

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0
<![CDATA[CaixaBank's ATMs with facial recognition, Tech Project of the year, by The Banker]]> https://blog.caixabank.es/?p=23645 2019-08-01T00:00:00.0Z 2019-08-01T00:00:00.0Z <![CDATA[CaixaBank's ATMs with facial recognition, Tech Project of the year, by The Banker]]> CaixaBank has been recognised by The Banker magazine for the innovation of its ATMs with biometric technology, the world's first ATMs to allow withdrawals using facial recognition and without having to enter a PIN.

This new service offered by CaixaBank, launched in February, has been chosen as Tech Project of the year in the “Delivery channels” category in The Banker Tech Projects  Awards 2019. These awards recognise the best projects developed by financial institutions that have stood out during the year for their innovation and contribution to the technological transformation of the global financial sector.

The award for CaixaBank's ATMs with facial recognition, granted by a panel of sector experts, comes in addition to the awards obtained by the Bank in previous editions, for projects such as the CaixaBankNow app (winner in the “Mobile” category in 2018), imaginBank's chatbot (winner in the “Artificial Intelligence” category in 2017) and the creation of imaginBank (named the Global Best Tech Project in 2016).

The world's benchmark ATMs

CaixaBank's ATMs with facial recognition are groundbreaking on a global level, as they allow users to withdraw money from an ATM by simply recognising them from the image captured by the terminal's camera. The ATM has the hardware and software needed to validate up to 16,000 points on the image of the user's face, which guarantees totally secure identification.

The objective of implementing biometric technology in ATMs is to offer a better user experience and greater security in transactions, given that it streamlines the customer identification process, and makes it possible to withdraw cash without memorising multiple passwords.

CaixaBank has implemented this verification system in a selection of ATMs in Barcelona and Valencia and has plans to progressively expand facial recognition across its Store branches from the second half of 2019.

With the launch of facial recognition in ATMs, CaixaBank is strengthening its commitment to biometrics as a technology that facilitates customer access to the Company's service, in a simpler, more convenient way.

In 2017, the Company already became the first bank in Spain to incorporate the Face ID technology of the iPhone X, which had just hit the market. With this service, customers can access their accounts through facial recognition on their mobile device, without having to enter access information, such as their ID number, username and password.

CaixaBank, leader in banking digitalisation

CaixaBank's new 2019-2021 Strategic Plan reinforces the Bank’s commitment to put technology at the service of its customers and employees. It is the leader in retail banking in Spain, with a 29.3% penetration rate among individual customers. Technology and digitalisation support the Company's business model, which continues to strengthen its leadership in digital banking with 6.3 million digital customers in Spain (59.4% of total customers).

The Company has developed projects that have been milestones in the sector, such as the first commercial implementation of contactless and mobile payment systems in Europe, the creation of the world's first contactless ATMs, the launch of imaginBank, the first mobile bank in Spain, and the development of the first artificial intelligence application for customer assistance.

International recognition of CaixaBank's innovation

Thanks to its digital transformation strategy, CaixaBank has become one of the highest-rated banks in the world based on the quality of its digital products and services. In 2019, the Company was recognised as the “Most Innovative Bank in Western Europe” for the second consecutive year by the US magazine Global Finance, and the " Best Private Bank for digital communication- Global", by the Professional Wealth Management (PWM) magazine of the Financial Times Group.

]]>
CaixaBank has been recognised by The Banker magazine for the innovation of its ATMs with biometric technology, the world's first ATMs to allow withdrawals using facial recognition and without having to enter a PIN.

This new service offered by CaixaBank, launched in February, has been chosen as Tech Project of the year in the “Delivery channels” category in The Banker Tech Projects  Awards 2019. These awards recognise the best projects developed by financial institutions that have stood out during the year for their innovation and contribution to the technological transformation of the global financial sector.

The award for CaixaBank's ATMs with facial recognition, granted by a panel of sector experts, comes in addition to the awards obtained by the Bank in previous editions, for projects such as the CaixaBankNow app (winner in the “Mobile” category in 2018), imaginBank's chatbot (winner in the “Artificial Intelligence” category in 2017) and the creation of imaginBank (named the Global Best Tech Project in 2016).

The world's benchmark ATMs

CaixaBank's ATMs with facial recognition are groundbreaking on a global level, as they allow users to withdraw money from an ATM by simply recognising them from the image captured by the terminal's camera. The ATM has the hardware and software needed to validate up to 16,000 points on the image of the user's face, which guarantees totally secure identification.

The objective of implementing biometric technology in ATMs is to offer a better user experience and greater security in transactions, given that it streamlines the customer identification process, and makes it possible to withdraw cash without memorising multiple passwords.

CaixaBank has implemented this verification system in a selection of ATMs in Barcelona and Valencia and has plans to progressively expand facial recognition across its Store branches from the second half of 2019.

With the launch of facial recognition in ATMs, CaixaBank is strengthening its commitment to biometrics as a technology that facilitates customer access to the Company's service, in a simpler, more convenient way.

In 2017, the Company already became the first bank in Spain to incorporate the Face ID technology of the iPhone X, which had just hit the market. With this service, customers can access their accounts through facial recognition on their mobile device, without having to enter access information, such as their ID number, username and password.

CaixaBank, leader in banking digitalisation

CaixaBank's new 2019-2021 Strategic Plan reinforces the Bank’s commitment to put technology at the service of its customers and employees. It is the leader in retail banking in Spain, with a 29.3% penetration rate among individual customers. Technology and digitalisation support the Company's business model, which continues to strengthen its leadership in digital banking with 6.3 million digital customers in Spain (59.4% of total customers).

The Company has developed projects that have been milestones in the sector, such as the first commercial implementation of contactless and mobile payment systems in Europe, the creation of the world's first contactless ATMs, the launch of imaginBank, the first mobile bank in Spain, and the development of the first artificial intelligence application for customer assistance.

International recognition of CaixaBank's innovation

Thanks to its digital transformation strategy, CaixaBank has become one of the highest-rated banks in the world based on the quality of its digital products and services. In 2019, the Company was recognised as the “Most Innovative Bank in Western Europe” for the second consecutive year by the US magazine Global Finance, and the " Best Private Bank for digital communication- Global", by the Professional Wealth Management (PWM) magazine of the Financial Times Group.

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<![CDATA[CaixaBank opens the first \"all in one\" branch in Valencia]]> https://blog.caixabank.es/?p=23645 2019-07-29T00:00:00.0Z 2019-07-29T00:00:00.0Z <![CDATA[CaixaBank opens the first \"all in one\" branch in Valencia]]> CaixaBank opens its first “all in one” branch in the Valencia City Council square, a new branch concept with which the company aims to revolutionise the banking customer experience in the brick and mortar channel.

“all in one” offers specialised service for all its business models in a single 2,200 square metre space, both for individuals (with advisers specialising in retail banking, Premier Banking and Private Banking) and for self-employed workers (CaixaBank Businesses), technological entrepreneurs (CaixaBank DayOne), SMEs (BusinessBank) and companies (CaixaBank Business).

In total, the “all in one” branch has a team of 80 employees that will provide service to a portfolio of 17,000 customers. During July and August, the opening hours for the public will be from 8:30 AM to 2:30 PM. Starting 16 September, the branch will begin an uninterrupted schedule from morning until evening (Monday to Thursday, from 8:30 AM to 6:30 PM; Friday, from 8:30 AM to 2:30 PM).

Design and technology for a one-of-a-kind experience

In addition to specialist and customised financial advisory, “all in one” offers the public an innovative experience that is completely unique in the sector.

Firstly, the design of the new branch is based on a combination of ideas inspired by nature and the use of the lastest technology.

The entrance is particularly noteworthy, where customers will find spectacular immersive screens, occupying a total area of 150 square metres and displaying images of natural landscapes to welcome them in. When arriving at the “all in one” branch, the goal is for customers to feel as if they have entered an “urban oasis”, completely different to the typical setting in commercial spaces.

The design is topped off with innovative technological services, such as ATMs that allow customers to make withdrawals using facial recognition and without having enter their PIN. The ATM has the hardware and software necessary to capture an image of the user's face and validate up to 16,000 control points on it, thus guaranteeing completely secure identification. This technology offers a better user experience and increased security during transactions, as it streamlines the customer identification process and allows customers to make withdrawals without having to memorise multiple passwords.

CaixaBank is the world's first financial institution to offer this type of ATM. In Valencia, the “all in one” branch will have five terminals with facial recognition.

Services and experiences that go beyond strictly banking

Alongside the visual elements and technology, the “all in one” branch experience is rounded off with a range of services and possibilities that go beyond strictly banking.

To that effect, the “all in one” branch will produce its own content on a myriad of topics in the form of a monthly event calendar. These events will be open to anybody, whether a CaixaBank customer or not.

The initiative has been dubbed CaixaBank Talks and will have its own agora-inspired space in the branch.

CaixaBank, a leader in the innovation of bank branches

Valencia's “all in one” branch is the first of its kind to be opened by CaixaBank in Spain. The financial institution aims to gradually adjust the entire service offer before officially inaugurating the space in September. What's more, the second “all in one” branch is scheduled to open after summer, this time in Barcelona.

For CaixaBank, innovation in the branch service channel has been a constant driving force. In 2015, the company became the first in the sector to opt for a new branch model when creating the “Store” branches. These offered significant innovations both in design (with open spaces and the elimination of barriers between advisers and customers), in the opening hours (uninterrupted from morning to evening) and in the service model (featuring advisers specialising in the different areas of private banking).

Currently, this concept already applies to more than 350 branches across Spain, with 20 throughout the Valencian Community and 7 in the city of Valencia.

Furthermore, CaixaBank has also opted for innovation in its physical spaces with the imaginCafé. This space occupying 1,200 square metres is located in Barcelona and is inspired by the values of the imaginBank brand, the mobile-only bank created by CaixaBank for young people. The imaginCafé, open since 2017, offers a robust activity programme and has been set up as a platform for online and offline contents.

 

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CaixaBank opens its first “all in one” branch in the Valencia City Council square, a new branch concept with which the company aims to revolutionise the banking customer experience in the brick and mortar channel.

“all in one” offers specialised service for all its business models in a single 2,200 square metre space, both for individuals (with advisers specialising in retail banking, Premier Banking and Private Banking) and for self-employed workers (CaixaBank Businesses), technological entrepreneurs (CaixaBank DayOne), SMEs (BusinessBank) and companies (CaixaBank Business).

In total, the “all in one” branch has a team of 80 employees that will provide service to a portfolio of 17,000 customers. During July and August, the opening hours for the public will be from 8:30 AM to 2:30 PM. Starting 16 September, the branch will begin an uninterrupted schedule from morning until evening (Monday to Thursday, from 8:30 AM to 6:30 PM; Friday, from 8:30 AM to 2:30 PM).

Design and technology for a one-of-a-kind experience

In addition to specialist and customised financial advisory, “all in one” offers the public an innovative experience that is completely unique in the sector.

Firstly, the design of the new branch is based on a combination of ideas inspired by nature and the use of the lastest technology.

The entrance is particularly noteworthy, where customers will find spectacular immersive screens, occupying a total area of 150 square metres and displaying images of natural landscapes to welcome them in. When arriving at the “all in one” branch, the goal is for customers to feel as if they have entered an “urban oasis”, completely different to the typical setting in commercial spaces.

The design is topped off with innovative technological services, such as ATMs that allow customers to make withdrawals using facial recognition and without having enter their PIN. The ATM has the hardware and software necessary to capture an image of the user's face and validate up to 16,000 control points on it, thus guaranteeing completely secure identification. This technology offers a better user experience and increased security during transactions, as it streamlines the customer identification process and allows customers to make withdrawals without having to memorise multiple passwords.

CaixaBank is the world's first financial institution to offer this type of ATM. In Valencia, the “all in one” branch will have five terminals with facial recognition.

Services and experiences that go beyond strictly banking

Alongside the visual elements and technology, the “all in one” branch experience is rounded off with a range of services and possibilities that go beyond strictly banking.

To that effect, the “all in one” branch will produce its own content on a myriad of topics in the form of a monthly event calendar. These events will be open to anybody, whether a CaixaBank customer or not.

The initiative has been dubbed CaixaBank Talks and will have its own agora-inspired space in the branch.

CaixaBank, a leader in the innovation of bank branches

Valencia's “all in one” branch is the first of its kind to be opened by CaixaBank in Spain. The financial institution aims to gradually adjust the entire service offer before officially inaugurating the space in September. What's more, the second “all in one” branch is scheduled to open after summer, this time in Barcelona.

For CaixaBank, innovation in the branch service channel has been a constant driving force. In 2015, the company became the first in the sector to opt for a new branch model when creating the “Store” branches. These offered significant innovations both in design (with open spaces and the elimination of barriers between advisers and customers), in the opening hours (uninterrupted from morning to evening) and in the service model (featuring advisers specialising in the different areas of private banking).

Currently, this concept already applies to more than 350 branches across Spain, with 20 throughout the Valencian Community and 7 in the city of Valencia.

Furthermore, CaixaBank has also opted for innovation in its physical spaces with the imaginCafé. This space occupying 1,200 square metres is located in Barcelona and is inspired by the values of the imaginBank brand, the mobile-only bank created by CaixaBank for young people. The imaginCafé, open since 2017, offers a robust activity programme and has been set up as a platform for online and offline contents.

 

]]>
0
<![CDATA[CaixaBank posts half-year profit of €622 million after absorbing the cost of the labour agreement]]> https://blog.caixabank.es/?p=23645 2019-07-26T00:00:00.0Z 2019-07-26T00:00:00.0Z <![CDATA[CaixaBank posts half-year profit of €622 million after absorbing the cost of the labour agreement]]>  

  • Total liquid assets amount to €87.57 billion, up €8.04 billion in the year thanks to the positive performance of the commercial funding gap and the fact that new issuances have outpaced maturities.
     
  • The Bank reports a Common Equity Tier 1 (CET1) ratio of 11.6% at 30 June. Excluding the negative impact of -11 basis points due to the first-time application of IFRS 16 and the impact of -5 basis points due to the reduction in credit risk requirements for financing real estate assets, the ratio gained 14 basis points in the first six months from organic capital generation and a further 7 basis points from the positive performance of the market and other impacts.

  • CaixaBank cements its leadership in digital banking, with 6.3 million digital customers in Spain (59.4% of total customers). Meanwhile, CaixaBank has been named Best Bank in Spain 2019, Best Bank for Corporate Responsibility in Western Europe 2019 and Best Bank Transformation in Western Europe 2019 by British publication Euromoney.
     
  • CaixaBank completes the sale of its stake in Repsol in the second quarter.


The CaixaBank Group, with Jordi Gual as Chairman and Gonzalo Gortázar as CEO, reported a net attributable profit of €622 million in the first half of 2019, down 52.1% on the same period of 2018. Shaping this performance was the labour agreement reached in the second quarter, which generated an expense of €978 million (€685 million, net). Excluding this impact, profit would be up 0.7% on the same period of 2018 to reach €1.31 billion, while ROTE would have been 9.4%.

Net interest income for the first half of the year came to €2.48 billion (+1.9% on the same period of 2018). The performance here was largely down to the increase in income from lending activity, aided by a reduction in retail and institutional financing costs. The Group’s core revenues remained stable year on year but were up quarter on quarter (+1.5%), thanks mainly to the increase in commissions and income under insurance contracts.

Fee and commission income came to €1.25 billion, down 3.5% on the same period of 2018. In this regard, banking services, securities and other fees amounted to €719 million (-3.0%), impacted by a reduction in one-off investment banking transactions, among other factors.

Dividend income from the investee portfolio included a Telefónica dividend of €104 million in the second quarter of both years. The second quarter of 2019 also featured €46 million (gross) in dividends from BFA.

Share of profit of companies accounted for using the equity method was down €294 million (-58.4%) year on year, principally due to the fact that CaixaBank no longer reports earnings from BFA and Repsol (€312 million in 2018) in 2019. Excluding this impact, the performance would have been positive (+9.4%). CaixaBank also completed the sale of its stake in Repsol in the second quarter.

Trading income came to €261 million (-10.9%) and included the realisation of capital gains from fixed income assets in the second quarter, among other impacts. In 2018 it also included the repricing of BPI’s stake in Viacer as part of its divestment process and the result of the hedging transactions in connection with the subordinated bonds redeemed ahead of maturity.

The second quarter also included the contribution to the Single Resolution Fund of €103 million (€97 million in 2018).

Sustained growth in lending and customer funds over the first half of the year

The CaixaBank Group managed to surpass €600 billion in total loans and deposits for the first time (customer funds + gross lending activity), up 4.9% thanks to healthy levels of commercial activity. Customer funds increased to €380.86 billion (+6.2% in 2019). Within this category, on balance-sheet funds amounted to €276.88 billion (+6.7%).

Demand deposits totalled €189.95 billion. The growth here (+9.0% in the year and +5.5% in the quarter) was partly a result of the seasonal impact of double salary payments and the strength of the Bank, which now has over 4 million direct payroll deposits.

Highlights for the period include an increase in liabilities under insurance contracts (+4% in the year and +0.9% and in the quarter), thanks to healthy product portfolio performance and the Bank’s ability to adapt to customer needs. Unit Linked products also fared well, growing 16.6% in the year.

Assets under management rose to €98.2 billion. The annual performance (+4.5%) was largely down to good market performance following the slump seen at the end of the fourth quarter of 2018. Assets under management in mutual funds, portfolios and SICAVs amounted to €66.51 billion (+3.1% in the year, stable in the quarter), while assets under pension plans totalled €31.69 billion (+7.7% in the year and +2.3% in the quarter). In Spain, CaixaBank holds a market share of 16.8% and 24.6% for mutual funds and pension plans, respectively.

Meanwhile, gross loans and advances to customers stood at €230.87 billion (+2.7%), while the performing portfolio has gained 3.3% in the year to date. Excluding the seasonal impact of pension prepayments made in June (€1.68 billion), the performing portfolio would be up 2.5% in the year to date.

Loans to individuals excluding residential mortgages were up 5.8% in 2019 and in the quarter, on the back of strong consumer lending activity (+8.2% in the year and +4.7% in the quarter) and the positive seasonal impact of pension prepayments in the second quarter. Financing of corporates and SMEs (excluding real estate developers) is up 4.3% in 2019 (+2.5% in the quarter).

Non-performing loans fall to 4.2%

The NPL ratio was down to 4.2% (-46 basis points in the first six months), while NPLs shed €793 million in the first half of the year (-€581 million in the quarter) to reach €10.4 billion. The NPL coverage ratio is 54%.

The portfolio of net foreclosed real estate assets available for sale in Spain amounted to €863 million (+€123 million in the year and +€50 million in the quarter).

The portfolio of Spanish rental real estate assets stood at €2.33 billion (-€150 million in the year and -€79 million in the quarter), while total sales of real estate assets in 2019 came to €232 million.

Insolvency allowances totalled €204 million, down 17.6% on the same period a year earlier.

Excellent liquidity position and solvency

Total liquid assets amounted to €87.57 billion at 30 June, up €8.04 billion in the year due to the positive performance of the commercial funding gap and the fact that new issuances have outpaced maturities.

Meanwhile, the Group’s average Liquidity Coverage Ratio (LCR) at 30 June 2019 was 195%, well above the minimum requirement of 100% applicable as of 1 January 2018.

 

The balance drawn under the ECB facility, which had reached €28.18 billion at 31 March 2019, was down to €14.77 billion at 30 June (-€13.41 billion in the year due to the partial early repayment of the TLTRO II).

The Common Equity Tier 1 (CET1) ratio was 11.6% at 30 June. Excluding the impact of -11 basis points due to the first-time application of IFRS 16 and the impact of -5 basis points following the reduction in credit risk requirements for financing real estate assets, the ratio gained 14 basis points in the first six months from organic capital generation and a further 7 basis points from the positive performance of the market and other impacts. The performance of the capital ratio is in line with the objective envisioned in the 2019-2021 Strategic Plan.

CaixaBank, a benchmark in digitalisation

CaixaBank has consolidated its leadership of the digital banking market with 6.3 million digital customers in Spain (59.4% of total customers).

In addition, CaixaBank has accelerated its transformation initiatives laid out in its Strategic Plan, bringing forward to June 2020 (originally December 2021) its Strategic Plan objective of having 600 ‘Store’ branches. The Bank has also confirmed its commitment to financial inclusion in rural areas with the consolidation of its network of rural offices. Today, the Bank has 1,081 AgroBank branches in Spain, located in towns with less than 10,000 inhabitants. More than 2,000 towns and villages in Spain have a CaixaBank Group branch.

CaixaBank has recently been named Best Bank in Spain 2019, Best Bank for Corporate Responsibility in Western Europe 2019 and Best Bank Transformation in Western Europe 2019 by British publication Euromoney. The three awards are a testament to the Bank’s ongoing transformation in recent years to become the leading entity in retail banking and digital banking in Spain and Portugal, and a benchmark for socially responsible banking in Europe.

]]>
 

  • Total liquid assets amount to €87.57 billion, up €8.04 billion in the year thanks to the positive performance of the commercial funding gap and the fact that new issuances have outpaced maturities.
     
  • The Bank reports a Common Equity Tier 1 (CET1) ratio of 11.6% at 30 June. Excluding the negative impact of -11 basis points due to the first-time application of IFRS 16 and the impact of -5 basis points due to the reduction in credit risk requirements for financing real estate assets, the ratio gained 14 basis points in the first six months from organic capital generation and a further 7 basis points from the positive performance of the market and other impacts.

  • CaixaBank cements its leadership in digital banking, with 6.3 million digital customers in Spain (59.4% of total customers). Meanwhile, CaixaBank has been named Best Bank in Spain 2019, Best Bank for Corporate Responsibility in Western Europe 2019 and Best Bank Transformation in Western Europe 2019 by British publication Euromoney.
     
  • CaixaBank completes the sale of its stake in Repsol in the second quarter.


The CaixaBank Group, with Jordi Gual as Chairman and Gonzalo Gortázar as CEO, reported a net attributable profit of €622 million in the first half of 2019, down 52.1% on the same period of 2018. Shaping this performance was the labour agreement reached in the second quarter, which generated an expense of €978 million (€685 million, net). Excluding this impact, profit would be up 0.7% on the same period of 2018 to reach €1.31 billion, while ROTE would have been 9.4%.

Net interest income for the first half of the year came to €2.48 billion (+1.9% on the same period of 2018). The performance here was largely down to the increase in income from lending activity, aided by a reduction in retail and institutional financing costs. The Group’s core revenues remained stable year on year but were up quarter on quarter (+1.5%), thanks mainly to the increase in commissions and income under insurance contracts.

Fee and commission income came to €1.25 billion, down 3.5% on the same period of 2018. In this regard, banking services, securities and other fees amounted to €719 million (-3.0%), impacted by a reduction in one-off investment banking transactions, among other factors.

Dividend income from the investee portfolio included a Telefónica dividend of €104 million in the second quarter of both years. The second quarter of 2019 also featured €46 million (gross) in dividends from BFA.

Share of profit of companies accounted for using the equity method was down €294 million (-58.4%) year on year, principally due to the fact that CaixaBank no longer reports earnings from BFA and Repsol (€312 million in 2018) in 2019. Excluding this impact, the performance would have been positive (+9.4%). CaixaBank also completed the sale of its stake in Repsol in the second quarter.

Trading income came to €261 million (-10.9%) and included the realisation of capital gains from fixed income assets in the second quarter, among other impacts. In 2018 it also included the repricing of BPI’s stake in Viacer as part of its divestment process and the result of the hedging transactions in connection with the subordinated bonds redeemed ahead of maturity.

The second quarter also included the contribution to the Single Resolution Fund of €103 million (€97 million in 2018).

Sustained growth in lending and customer funds over the first half of the year

The CaixaBank Group managed to surpass €600 billion in total loans and deposits for the first time (customer funds + gross lending activity), up 4.9% thanks to healthy levels of commercial activity. Customer funds increased to €380.86 billion (+6.2% in 2019). Within this category, on balance-sheet funds amounted to €276.88 billion (+6.7%).

Demand deposits totalled €189.95 billion. The growth here (+9.0% in the year and +5.5% in the quarter) was partly a result of the seasonal impact of double salary payments and the strength of the Bank, which now has over 4 million direct payroll deposits.

Highlights for the period include an increase in liabilities under insurance contracts (+4% in the year and +0.9% and in the quarter), thanks to healthy product portfolio performance and the Bank’s ability to adapt to customer needs. Unit Linked products also fared well, growing 16.6% in the year.

Assets under management rose to €98.2 billion. The annual performance (+4.5%) was largely down to good market performance following the slump seen at the end of the fourth quarter of 2018. Assets under management in mutual funds, portfolios and SICAVs amounted to €66.51 billion (+3.1% in the year, stable in the quarter), while assets under pension plans totalled €31.69 billion (+7.7% in the year and +2.3% in the quarter). In Spain, CaixaBank holds a market share of 16.8% and 24.6% for mutual funds and pension plans, respectively.

Meanwhile, gross loans and advances to customers stood at €230.87 billion (+2.7%), while the performing portfolio has gained 3.3% in the year to date. Excluding the seasonal impact of pension prepayments made in June (€1.68 billion), the performing portfolio would be up 2.5% in the year to date.

Loans to individuals excluding residential mortgages were up 5.8% in 2019 and in the quarter, on the back of strong consumer lending activity (+8.2% in the year and +4.7% in the quarter) and the positive seasonal impact of pension prepayments in the second quarter. Financing of corporates and SMEs (excluding real estate developers) is up 4.3% in 2019 (+2.5% in the quarter).

Non-performing loans fall to 4.2%

The NPL ratio was down to 4.2% (-46 basis points in the first six months), while NPLs shed €793 million in the first half of the year (-€581 million in the quarter) to reach €10.4 billion. The NPL coverage ratio is 54%.

The portfolio of net foreclosed real estate assets available for sale in Spain amounted to €863 million (+€123 million in the year and +€50 million in the quarter).

The portfolio of Spanish rental real estate assets stood at €2.33 billion (-€150 million in the year and -€79 million in the quarter), while total sales of real estate assets in 2019 came to €232 million.

Insolvency allowances totalled €204 million, down 17.6% on the same period a year earlier.

Excellent liquidity position and solvency

Total liquid assets amounted to €87.57 billion at 30 June, up €8.04 billion in the year due to the positive performance of the commercial funding gap and the fact that new issuances have outpaced maturities.

Meanwhile, the Group’s average Liquidity Coverage Ratio (LCR) at 30 June 2019 was 195%, well above the minimum requirement of 100% applicable as of 1 January 2018.

 

The balance drawn under the ECB facility, which had reached €28.18 billion at 31 March 2019, was down to €14.77 billion at 30 June (-€13.41 billion in the year due to the partial early repayment of the TLTRO II).

The Common Equity Tier 1 (CET1) ratio was 11.6% at 30 June. Excluding the impact of -11 basis points due to the first-time application of IFRS 16 and the impact of -5 basis points following the reduction in credit risk requirements for financing real estate assets, the ratio gained 14 basis points in the first six months from organic capital generation and a further 7 basis points from the positive performance of the market and other impacts. The performance of the capital ratio is in line with the objective envisioned in the 2019-2021 Strategic Plan.

CaixaBank, a benchmark in digitalisation

CaixaBank has consolidated its leadership of the digital banking market with 6.3 million digital customers in Spain (59.4% of total customers).

In addition, CaixaBank has accelerated its transformation initiatives laid out in its Strategic Plan, bringing forward to June 2020 (originally December 2021) its Strategic Plan objective of having 600 ‘Store’ branches. The Bank has also confirmed its commitment to financial inclusion in rural areas with the consolidation of its network of rural offices. Today, the Bank has 1,081 AgroBank branches in Spain, located in towns with less than 10,000 inhabitants. More than 2,000 towns and villages in Spain have a CaixaBank Group branch.

CaixaBank has recently been named Best Bank in Spain 2019, Best Bank for Corporate Responsibility in Western Europe 2019 and Best Bank Transformation in Western Europe 2019 by British publication Euromoney. The three awards are a testament to the Bank’s ongoing transformation in recent years to become the leading entity in retail banking and digital banking in Spain and Portugal, and a benchmark for socially responsible banking in Europe.

]]>
0
<![CDATA[More than 5 million children vaccinated in Africa and South America thanks to the Alliance for Child Vaccination led by ”la Caixa”]]> https://blog.caixabank.es/?p=23645 2019-07-22T00:00:00.0Z 2019-07-22T00:00:00.0Z <![CDATA[More than 5 million children vaccinated in Africa and South America thanks to the Alliance for Child Vaccination led by ”la Caixa”]]> Vaccination saves lives, especially in countries where access to healthcare is still a challenge. More than five million children in particularly vulnerable areas of Africa and Latin America have been vaccinated since the launch, over ten years ago, of the Child Vaccination Programme, promoted by ”la Caixa”  in partnership with Gavi, The Vaccine Alliance, with support from the Bill & Melinda Gates Foundation and in cooperation with the Institut de Salut Global de Barcelona (ISGlobal).

Jaume Giró, CEO of ”la Caixa” Banking Foundation, and Dr Seth Berkley, CEO of Gavi, The Vaccine Alliance, today signed, for the twelfth consecutive year, the renewal of the agreement to continue the partnership, focusing its efforts on immunisation against pneumonia in Mozambique.

The alliance has raised over 31 million euros from contributions made by ”la Caixa” Foundation itself and donations received from companies, customers and employees, as well as micro-donations by ordinary citizens.

A total of more than 5 million children have received the pentavalent and pneumococcal vaccines since 2008 thanks to a fundraising initiative that is a pioneer in Europe. Through the Matching Fund formula, all donations received are multiplied by four. Under this 1 = 4 formula, ”la Caixa” adds one euro and the Bill & Melinda Gates Foundation another two to each euro donated.

These contributions come from 276,905 donors from all over Spain, including the 1,461 companies and 7,187 CaixaBank customers that endorse the Alliance for Child Vaccination, led in Spain by ”la Caixa”. A further 760 ”la Caixa” employees and more than 267,497 charitable citizens also made donations in response to the campaign for micro-donations.

According to Jaume Giró, CEO of ”la Caixa” Banking Foundation, “Vaccination at an early age is vital to ensure that children grow up healthy and strong, able to develop fully and enjoy equal opportunities. What drives us in this alliance with Gavi is the firm belief that no child should die anywhere in the world from a preventable illness. These children are the generation that will lead the new world we will live in”.

“We are grateful to “la Caixa” for their strong, long-standing commitment to children’s health,” said Dr Seth Berkley, CEO of Gavi, the Vaccine Alliance. “This unique partnership and our work with the ‘la Caixa’ Foundation are key to advancing Gavi’s mission of saving children’s lives and protecting people’s health by providing access to life-saving vaccines in the world’s poorest countries”.

Millions of children receive immunizations in areas of difficult access to healthcare

A pioneering alliance for vaccination

Gavi, the Vaccine Alliance, is a public-private partnership that brings together developing countries and donors, including governments, the World Health Organisation, UNICEF, the World Bank, the vaccine industry, technical agencies, civil society, the Bill & Melinda Gates Foundation and other private sector partners, among them ”la Caixa” Banking Foundation, which leads the initiative in Spain. Since the alliance was launched in 2000, Gavi has vaccinated more than 700 million children, preventing an estimated 10 million premature deaths.

A unique characteristic of the partnership is the involvement of ”la Caixa” Banking Foundation’s customers – both companies and individuals – in what is a pioneering corporate social responsibility initiative in Europe. The Alliance for Child Vaccination is supported in its work by the teams at CaixaBank Corporate Banking and CaixaBank Private Banking, as well as the entity’s entire network of offices, the largest in the Spanish financial sector. All these resources are key to promoting the alliance and raising funds to improve the health of the most vulnerable people on the planet.

In pursuit of its mission, CaixaBank Empresas conducts intensive awareness-raising activities among its customers, offering them the chance to contribute to improving both access to and the quality of vaccines in developing countries as a corporate social responsibility initiative that enables them to give back some of what they receive from society. For its part, CaixaBank Banca Privada promotes support for Gavi within the framework of its Social Value Project, which responds to and incentivises its customers’ philanthropic concerns.

Its partnership with Gavi has enabled ”la Caixa” to reach a total of 10 countries in Africa and Latin America, including Bolivia, Cameroon, the Central African Republic, Ethiopia, Honduras, Mauritania, Nicaragua, Sudan and Tanzania. In recent years, moreover, ”la Caixa” Banking Foundation has focused particularly on Mozambique, providing the pneumococcal vaccine to combat pneumonia, the leading cause of child mortality in that country at present.

Over a decade saving lives

According to the World Health Organisation, 3 children die from vaccine-preventable causes every 60 seconds. That is why the Alliance for Child Vaccination was born, since immunisation is the most effective way of contributing to global health. Vaccination can ensure survival, the first right of childhood. Boys and girls need their health in order to attend school, and they can only contribute to the development of their communities if they receive the necessary education and training.

Vaccination is a key tool in promoting human development, and is also among the most cost-effective interventions aimed at saving lives: it is estimated that for every dollar spent on immunisation in Gavi-supported countries, US$ 18 is saved in healthcare costs, lost wages and lost productivity.. Child mortality has been halved since 1990. The introduction of new vaccines and increased coverage by existing ones has accelerated the reduction in mortality among children under five years to a rate of -3.6% per year today.

This also means that the partnership between ”la Caixa” and Gavi contributes to achieving of the Sustainable Development Goals (SDGs) established by the United Nations in the 2030 Agenda. The initiative promotes two of these goals in particular: SDG 3, Good Health and Well-being for People; and SDG 17, Partnerships for the Goals.

]]>
Vaccination saves lives, especially in countries where access to healthcare is still a challenge. More than five million children in particularly vulnerable areas of Africa and Latin America have been vaccinated since the launch, over ten years ago, of the Child Vaccination Programme, promoted by ”la Caixa”  in partnership with Gavi, The Vaccine Alliance, with support from the Bill & Melinda Gates Foundation and in cooperation with the Institut de Salut Global de Barcelona (ISGlobal).

Jaume Giró, CEO of ”la Caixa” Banking Foundation, and Dr Seth Berkley, CEO of Gavi, The Vaccine Alliance, today signed, for the twelfth consecutive year, the renewal of the agreement to continue the partnership, focusing its efforts on immunisation against pneumonia in Mozambique.

The alliance has raised over 31 million euros from contributions made by ”la Caixa” Foundation itself and donations received from companies, customers and employees, as well as micro-donations by ordinary citizens.

A total of more than 5 million children have received the pentavalent and pneumococcal vaccines since 2008 thanks to a fundraising initiative that is a pioneer in Europe. Through the Matching Fund formula, all donations received are multiplied by four. Under this 1 = 4 formula, ”la Caixa” adds one euro and the Bill & Melinda Gates Foundation another two to each euro donated.

These contributions come from 276,905 donors from all over Spain, including the 1,461 companies and 7,187 CaixaBank customers that endorse the Alliance for Child Vaccination, led in Spain by ”la Caixa”. A further 760 ”la Caixa” employees and more than 267,497 charitable citizens also made donations in response to the campaign for micro-donations.

According to Jaume Giró, CEO of ”la Caixa” Banking Foundation, “Vaccination at an early age is vital to ensure that children grow up healthy and strong, able to develop fully and enjoy equal opportunities. What drives us in this alliance with Gavi is the firm belief that no child should die anywhere in the world from a preventable illness. These children are the generation that will lead the new world we will live in”.

“We are grateful to “la Caixa” for their strong, long-standing commitment to children’s health,” said Dr Seth Berkley, CEO of Gavi, the Vaccine Alliance. “This unique partnership and our work with the ‘la Caixa’ Foundation are key to advancing Gavi’s mission of saving children’s lives and protecting people’s health by providing access to life-saving vaccines in the world’s poorest countries”.

Millions of children receive immunizations in areas of difficult access to healthcare

A pioneering alliance for vaccination

Gavi, the Vaccine Alliance, is a public-private partnership that brings together developing countries and donors, including governments, the World Health Organisation, UNICEF, the World Bank, the vaccine industry, technical agencies, civil society, the Bill & Melinda Gates Foundation and other private sector partners, among them ”la Caixa” Banking Foundation, which leads the initiative in Spain. Since the alliance was launched in 2000, Gavi has vaccinated more than 700 million children, preventing an estimated 10 million premature deaths.

A unique characteristic of the partnership is the involvement of ”la Caixa” Banking Foundation’s customers – both companies and individuals – in what is a pioneering corporate social responsibility initiative in Europe. The Alliance for Child Vaccination is supported in its work by the teams at CaixaBank Corporate Banking and CaixaBank Private Banking, as well as the entity’s entire network of offices, the largest in the Spanish financial sector. All these resources are key to promoting the alliance and raising funds to improve the health of the most vulnerable people on the planet.

In pursuit of its mission, CaixaBank Empresas conducts intensive awareness-raising activities among its customers, offering them the chance to contribute to improving both access to and the quality of vaccines in developing countries as a corporate social responsibility initiative that enables them to give back some of what they receive from society. For its part, CaixaBank Banca Privada promotes support for Gavi within the framework of its Social Value Project, which responds to and incentivises its customers’ philanthropic concerns.

Its partnership with Gavi has enabled ”la Caixa” to reach a total of 10 countries in Africa and Latin America, including Bolivia, Cameroon, the Central African Republic, Ethiopia, Honduras, Mauritania, Nicaragua, Sudan and Tanzania. In recent years, moreover, ”la Caixa” Banking Foundation has focused particularly on Mozambique, providing the pneumococcal vaccine to combat pneumonia, the leading cause of child mortality in that country at present.

Over a decade saving lives

According to the World Health Organisation, 3 children die from vaccine-preventable causes every 60 seconds. That is why the Alliance for Child Vaccination was born, since immunisation is the most effective way of contributing to global health. Vaccination can ensure survival, the first right of childhood. Boys and girls need their health in order to attend school, and they can only contribute to the development of their communities if they receive the necessary education and training.

Vaccination is a key tool in promoting human development, and is also among the most cost-effective interventions aimed at saving lives: it is estimated that for every dollar spent on immunisation in Gavi-supported countries, US$ 18 is saved in healthcare costs, lost wages and lost productivity.. Child mortality has been halved since 1990. The introduction of new vaccines and increased coverage by existing ones has accelerated the reduction in mortality among children under five years to a rate of -3.6% per year today.

This also means that the partnership between ”la Caixa” and Gavi contributes to achieving of the Sustainable Development Goals (SDGs) established by the United Nations in the 2030 Agenda. The initiative promotes two of these goals in particular: SDG 3, Good Health and Well-being for People; and SDG 17, Partnerships for the Goals.

]]>
0
<![CDATA[Investment opportunities in Tangier and its Exportation Free Zones, the main topics of discussion in a new edition of CaixaBank's “Le Cercle” forums]]> https://blog.caixabank.es/?p=23645 2019-07-19T00:00:00.0Z 2019-07-19T00:00:00.0Z <![CDATA[Investment opportunities in Tangier and its Exportation Free Zones, the main topics of discussion in a new edition of CaixaBank's “Le Cercle” forums]]> CaixaBank has held a new edition of its discussion programme “Le Cercle”, an event programme that has been organised in different branches of the bank in Morocco (Casablanca, Agadir and Tangier) since 2017. This edition, which has gathered experts in Spanish-Moroccan trade and representatives of Spanish companies in the country, focused on the investment opportunities in the region of Tangier-Tétouan and its exportation free  zones; the most relevant sectors in the area; and the main factors to operate successfully in the region, as well as the importance of receiving the best legal and financial advice.

The event, organised in collaboration with the Spanish Official Chamber of Commerce in Tangier, was participated by Ali Achach, Director of the Tétouan Shore business park; Nassime  Gmira, responsible for international cooperation in the APDN (Agency for the Promotion and Development of the North); and Abdellah El Bou, responsible for customs in the Tangier Free Zone.

In addition, Juan Torreguitart, CaixaBank’s Head of International Branch Network; Javier López Rodríguez, representative of the Polytechnic University of Madrid in Morocco; and Jorge Sánchez Seijas, representative of Suardiaz in Morocco, which is a company within maritime sector, shared with the attendees their experience in their respective companies in Morocco.

Ignacio Pino, CaixaBank' country manager in Morocco, and Amal Boussouf, commercial manager of the Spanish Official Chamber of Commerce in Tangier, opened the conference.

Spanish-Moroccan discussion programme "Le Cercle"

This conference is part of the discussion programme "Le Cercle", which was created by CaixaBank as a way to strengthen networking between the Spanish and Moroccan business world. Since establishing this initiative in 2017, CaixaBank has promoted more than a dozen discussions focused on diverse topics such as legal certainty and arbitration, energy efficiency, Moroccan currency, Moroccan taxation, specialised financing products for managing accounts payable and receivables, and much more.

With the "Le Cercle" programme, CaixaBank has developed its role as a benchmark bank for projects and investments consultancy, assessment and monitoring between Spain and Morocco. The bank provides services and financing, mostly to Spanish companies, although large international and Moroccan companies are not to be excluded, through a wide range of solutions and services for foreign trade transactions.

10 years of the CaixaBank branch in Morocco

This year, CaixaBank is celebrating the tenth anniversary of its banking licence in Morocco. It currently has three branches in the country – Casablanca, Tangier and Agadir – from which it offers foreign trade, business banking and corporate banking services, both to Spanish companies already established in the country or looking to enter the Moroccan market, and to Moroccan and multinational corporations.

The entity has established itself as a benchmark bank for Spanish companies operating in Morocco. At the end of the first quarter of 2019, CaixaBank spearheaded the issuance of guarantees for Spanish companies with projects in the African country, with a market share of 63.7%. CaixaBank also leads the market of letters of credit open in Moroccan banks for Spanish exporters, with a share of 24.9%.

According to ICEX data, Morocco is a natural partner for Spain due to its geographic proximity. All exports and investments between Spain and Morocco already amount to 15% of the Moroccan GDP. At April 2019, Morocco is Spain's eighth client and Spain is the African country's leading provider, with a 34.3% share, following France.

In 2018, CaixaBank received the 'Africanity Trophy' for the support that the company provides to commercial development, economic invigoration and wealth generation in Africa.

CaixaBank's international presence

CaixaBank has international branches in Morocco, Poland, the United Kingdom, Germany and France. It also has 18 representation branches spread across the five continents, from which it accompanies multinational enterprises with subsidiaries in Spain, as well as Spanish companies with projects in those jurisdictions. 

Furthermore, CaixaBank has agreements in place with international banks, making it easier for companies and individuals from any country in the world to engage in international transactions and foreign trade. Conversely, it has a 9.92% stake in the Austrian entity Esrte Bank, and fully owns Portugal's Banco BPI.

]]>
CaixaBank has held a new edition of its discussion programme “Le Cercle”, an event programme that has been organised in different branches of the bank in Morocco (Casablanca, Agadir and Tangier) since 2017. This edition, which has gathered experts in Spanish-Moroccan trade and representatives of Spanish companies in the country, focused on the investment opportunities in the region of Tangier-Tétouan and its exportation free  zones; the most relevant sectors in the area; and the main factors to operate successfully in the region, as well as the importance of receiving the best legal and financial advice.

The event, organised in collaboration with the Spanish Official Chamber of Commerce in Tangier, was participated by Ali Achach, Director of the Tétouan Shore business park; Nassime  Gmira, responsible for international cooperation in the APDN (Agency for the Promotion and Development of the North); and Abdellah El Bou, responsible for customs in the Tangier Free Zone.

In addition, Juan Torreguitart, CaixaBank’s Head of International Branch Network; Javier López Rodríguez, representative of the Polytechnic University of Madrid in Morocco; and Jorge Sánchez Seijas, representative of Suardiaz in Morocco, which is a company within maritime sector, shared with the attendees their experience in their respective companies in Morocco.

Ignacio Pino, CaixaBank' country manager in Morocco, and Amal Boussouf, commercial manager of the Spanish Official Chamber of Commerce in Tangier, opened the conference.

Spanish-Moroccan discussion programme "Le Cercle"

This conference is part of the discussion programme "Le Cercle", which was created by CaixaBank as a way to strengthen networking between the Spanish and Moroccan business world. Since establishing this initiative in 2017, CaixaBank has promoted more than a dozen discussions focused on diverse topics such as legal certainty and arbitration, energy efficiency, Moroccan currency, Moroccan taxation, specialised financing products for managing accounts payable and receivables, and much more.

With the "Le Cercle" programme, CaixaBank has developed its role as a benchmark bank for projects and investments consultancy, assessment and monitoring between Spain and Morocco. The bank provides services and financing, mostly to Spanish companies, although large international and Moroccan companies are not to be excluded, through a wide range of solutions and services for foreign trade transactions.

10 years of the CaixaBank branch in Morocco

This year, CaixaBank is celebrating the tenth anniversary of its banking licence in Morocco. It currently has three branches in the country – Casablanca, Tangier and Agadir – from which it offers foreign trade, business banking and corporate banking services, both to Spanish companies already established in the country or looking to enter the Moroccan market, and to Moroccan and multinational corporations.

The entity has established itself as a benchmark bank for Spanish companies operating in Morocco. At the end of the first quarter of 2019, CaixaBank spearheaded the issuance of guarantees for Spanish companies with projects in the African country, with a market share of 63.7%. CaixaBank also leads the market of letters of credit open in Moroccan banks for Spanish exporters, with a share of 24.9%.

According to ICEX data, Morocco is a natural partner for Spain due to its geographic proximity. All exports and investments between Spain and Morocco already amount to 15% of the Moroccan GDP. At April 2019, Morocco is Spain's eighth client and Spain is the African country's leading provider, with a 34.3% share, following France.

In 2018, CaixaBank received the 'Africanity Trophy' for the support that the company provides to commercial development, economic invigoration and wealth generation in Africa.

CaixaBank's international presence

CaixaBank has international branches in Morocco, Poland, the United Kingdom, Germany and France. It also has 18 representation branches spread across the five continents, from which it accompanies multinational enterprises with subsidiaries in Spain, as well as Spanish companies with projects in those jurisdictions. 

Furthermore, CaixaBank has agreements in place with international banks, making it easier for companies and individuals from any country in the world to engage in international transactions and foreign trade. Conversely, it has a 9.92% stake in the Austrian entity Esrte Bank, and fully owns Portugal's Banco BPI.

]]>
0
<![CDATA[CaixaBank joins the Mobile World Capital Barcelona's board of trustees]]> https://blog.caixabank.es/?p=23645 2019-07-12T00:00:00.0Z 2019-07-12T00:00:00.0Z <![CDATA[CaixaBank joins the Mobile World Capital Barcelona's board of trustees]]> CaixaBank is to join the board of trustees of Mobile World Capital Barcelona (MWCapital). Jordi Gual, CaixaBank’s chairman, and Carlos Grau, Mobile World Capital Barcelona’s CEO, signed today an agreement -to be ratified at the board of trustees’ meeting on the 18th of July-, whereby the financial institution will become a full trustee of the Foundation for the coming four years (until 1st July 2023).

The agreement between CaixaBank and MWCapital establishes that during the 2019-2023 period, the financial institution will provide the Foundation with a total of 2 million euros in order to maximise the impact of MWCapital’s activities. Jordi Gual will be CaixaBank’s representative on the MWCapital board of trustees and will take part at the forthcoming meeting of this body, which is scheduled for the 18th July. The banking institution’s incorporation into the Foundation’s board of trustees will help boost projects associated with innovation and technological research and with the attraction of digital talent.

According to Jordi Gual, CaixaBank’s chairman, “when institutions committed to innovation join forces, projects results are boosted, which is why it’s essencial to develop collaborative ties that help connect all agents involved in different projects”.

In this sense, Gual has underlined the importance of the alliance with MWCapital for CaixaBank, “we believe that our institution, which has received important recognition for some of its innovation projects, can make significant contributions to the project headed by the Foundation and to its mission to turn Barcelona into a world reference digital hub; joint work with MWCapital will meanwhile give CaixaBank’s innovation teams new ways of approaching key issues such as the challenges of digital transformation and the incorporation of talent”.

Carlos Grau, MWCapital’s CEO, likewise stated that the incorporation of CaixaBank to the board of trustees is the result of years of work and successful collaboration between the two institutions on initiatives that are making MWCapital a benchmark project. Grau also indicated that “welcoming CaixaBank as a MWCapital trustee consolidates the Foundation’s working model –public–private partnership– and enables us to rise to new challenges, both nationally and internationally”.

In this sense, and with a view to continue improving people’s lives through technology, Grau added that we are now entering a new stage at MWCapital. “We have the chance to grow, to make a positive impact on society and to continue building a great legacy for the new generations”.

CaixaBank and MWCapital, 2019-2023

More specifically, collaboration between CaixaBank and MWCapital will essentially involve four core areas of action: technology transfer –The Collider-; initiatives associated with the experimentation in new technologies; the Barcelona Digital Talent alliance to promote Barcelona’s digital skills and competitiveness; and lastly, on new proposals for professionals and the public at large that prompt reflection on the impact of new technologies.

MWCapital hosts MWC Barcelona and founded 4 Years From Now (4YFN), the startup business platform present at all MWC events around the world.

]]>
CaixaBank is to join the board of trustees of Mobile World Capital Barcelona (MWCapital). Jordi Gual, CaixaBank’s chairman, and Carlos Grau, Mobile World Capital Barcelona’s CEO, signed today an agreement -to be ratified at the board of trustees’ meeting on the 18th of July-, whereby the financial institution will become a full trustee of the Foundation for the coming four years (until 1st July 2023).

The agreement between CaixaBank and MWCapital establishes that during the 2019-2023 period, the financial institution will provide the Foundation with a total of 2 million euros in order to maximise the impact of MWCapital’s activities. Jordi Gual will be CaixaBank’s representative on the MWCapital board of trustees and will take part at the forthcoming meeting of this body, which is scheduled for the 18th July. The banking institution’s incorporation into the Foundation’s board of trustees will help boost projects associated with innovation and technological research and with the attraction of digital talent.

According to Jordi Gual, CaixaBank’s chairman, “when institutions committed to innovation join forces, projects results are boosted, which is why it’s essencial to develop collaborative ties that help connect all agents involved in different projects”.

In this sense, Gual has underlined the importance of the alliance with MWCapital for CaixaBank, “we believe that our institution, which has received important recognition for some of its innovation projects, can make significant contributions to the project headed by the Foundation and to its mission to turn Barcelona into a world reference digital hub; joint work with MWCapital will meanwhile give CaixaBank’s innovation teams new ways of approaching key issues such as the challenges of digital transformation and the incorporation of talent”.

Carlos Grau, MWCapital’s CEO, likewise stated that the incorporation of CaixaBank to the board of trustees is the result of years of work and successful collaboration between the two institutions on initiatives that are making MWCapital a benchmark project. Grau also indicated that “welcoming CaixaBank as a MWCapital trustee consolidates the Foundation’s working model –public–private partnership– and enables us to rise to new challenges, both nationally and internationally”.

In this sense, and with a view to continue improving people’s lives through technology, Grau added that we are now entering a new stage at MWCapital. “We have the chance to grow, to make a positive impact on society and to continue building a great legacy for the new generations”.

CaixaBank and MWCapital, 2019-2023

More specifically, collaboration between CaixaBank and MWCapital will essentially involve four core areas of action: technology transfer –The Collider-; initiatives associated with the experimentation in new technologies; the Barcelona Digital Talent alliance to promote Barcelona’s digital skills and competitiveness; and lastly, on new proposals for professionals and the public at large that prompt reflection on the impact of new technologies.

MWCapital hosts MWC Barcelona and founded 4 Years From Now (4YFN), the startup business platform present at all MWC events around the world.

]]>
0
<![CDATA[CaixaBank named Spain’s Best Bank 2019, Western Europe’s Best Bank for Corporate Responsibility and Western Europe’s Best Bank Transformation by Euromoney]]> https://blog.caixabank.es/?p=23645 2019-07-11T00:00:00.0Z 2019-07-11T00:00:00.0Z <![CDATA[CaixaBank named Spain’s Best Bank 2019, Western Europe’s Best Bank for Corporate Responsibility and Western Europe’s Best Bank Transformation by Euromoney]]> CaixaBank has been selected as Spain’s Best Bank 2019, Western Europe’s Best Bank for Corporate Responsibility 2019 and Western Europe’s Best Bank Transformation 2019 by the British magazine Euromoney. The three awards recognise the bank's transformation over recent years to become the leader in retail banking and digital banking in Spain and Portugal, and a benchmark in socially responsible banking in Europe.

Euromoney’s Awards for Excellence recognise companies that are not only leaders in terms of financial profitability, but also in terms of factors such as company growth, positive evolution in comparison with competitors, the ability to adapt to changing market conditions and customer needs, and the continued pursuit of excellence.

Jordi Gual, CaixaBank's chairman, considers these awards a recognition of the company's efforts to fulfil its mission of contributing to its customers' financial well-being and the progress of society: "Our long-term vision and our socially responsible banking model, which takes social, environmental and corporate governance elements into account across daily business decisions, have helped us become a leading bank on the continent. At CaixaBank, given our origins and our mission, we are convinced that responsible banking is the only path towards creating value sustainably."

Gonzalo Gortázar, CaixaBank's CEO, has expressed his gratitude for the awards that recognise a business model based on specialisation and quality of service, whilst focusing on offering the best customer experience, which has allowed the bank to continue to grow sustainably even in an environment of adverse rates: "The quality of our team is allowing us to successfully adapt to a fast-shifting environment in which we are continuing to increase our market share and acquire new customers each day. Today, we are the main bank for 26.3% of the Spanish retail market. In line with our new Strategic Plan, we will continue to work on strengthening ourselves as a leading company, a pioneer in innovation, with solid financial results and the best customer service."

CaixaBank is the leading entity in individual and digital banking in Spain, with 13.7 million customers in the country and the largest digital customer base of 6.1 million, of which 5.4 million are also mobile banking customers.

CaixaBank continues to enjoy a dominant market share across many key products and services, such as payroll direct deposits and mid- and long-term savings products. At the end of March 2019, the company hit 4 million payroll direct deposits, with a market share of 26.9% (+0.6 percentage points compared with the first quarter of 2018). The company also has a 17% share of mutual funds, and 24.6% of pension plans (at the end of March 2019).

CaixaBank, a benchmark in socially responsible banking

CaixaBank is a bank with a deeply social vocation. As a result of the legacy bequeathed to it, the bank upholds an attitude of serving society and its customers. This is why it has a commitment to financial inclusion, and is the only company present in 100% of towns with more than 10,000 inhabitants in Spain, and 94% of those with more than 5,000 inhabitants.

It is also the only bank that offers microloans to people with no guarantees or sureties, through MicroBank, to help them drive their personal and professional projects. It maintains a commitment to financial culture through various initiatives, to help people make better decisions to manage their finances. Furthermore, 46% of its workforce participates in volunteering projects during Social Weeks and throughout the year.

CaixaBank stands out due to its responsible actions and this is acknowledged by the main international organisations. The global Dow Jones Sustainability Index ranks it among the 16 best banks in the world, and among the four best in Europe in terms of corporate responsibility. Similarly, the international organisation CDP acknowledges CaixaBank as the leading bank in the struggle against climate change.

CaixaBank, within its new 2019-2021 Strategic Plan, seeks to be a leading and innovative financial group with the best customer service, while being a benchmark for socially responsible banking. To do so, it is implementing a plan with five priority lines of action: Integrity, transparency and diversity, to strengthen its responsible actions; Governance, to maintain the best governance model possible; Environment, to collaborate in the fight against climate change; Financial inclusion, the bank's founding inspiration; and, finally, Social action and volunteerism, to contribute to responding to social challenges around us.

This plan strengthens CaixaBank's different way of banking, a model based on closeness and commitment to its customers, shareholders, employees, suppliers and the wider society.

International acknowledgement of CaixaBank

These awards follow on from an intense year of acknowledgement of CaixaBank. In 2019, Global Finance has recognised the bank with the award of Best Bank in Spain for the fifth consecutive year and Best Bank in Western Europe for the first time. It was also named 2018 Bank of the Year in Spain by The Banker magazine.

In the field of innovation and digitalisation, CaixaBank has been selected the Best Private Bank for client digital communication – Global, by the Professional Wealth Management (PWM) magazine of the Financial Times Group; and the 2019 Most Innovative Bank in Western Europe, in Global Finance's The Innovators awards.

About Euromoney

Euromoney magazine is an economic-financial publication based in London, which is highly influential in capital markets. With 50 years of history, it is globally recognised as a specialised journal for international banking and financial news.

]]>
CaixaBank has been selected as Spain’s Best Bank 2019, Western Europe’s Best Bank for Corporate Responsibility 2019 and Western Europe’s Best Bank Transformation 2019 by the British magazine Euromoney. The three awards recognise the bank's transformation over recent years to become the leader in retail banking and digital banking in Spain and Portugal, and a benchmark in socially responsible banking in Europe.

Euromoney’s Awards for Excellence recognise companies that are not only leaders in terms of financial profitability, but also in terms of factors such as company growth, positive evolution in comparison with competitors, the ability to adapt to changing market conditions and customer needs, and the continued pursuit of excellence.

Jordi Gual, CaixaBank's chairman, considers these awards a recognition of the company's efforts to fulfil its mission of contributing to its customers' financial well-being and the progress of society: "Our long-term vision and our socially responsible banking model, which takes social, environmental and corporate governance elements into account across daily business decisions, have helped us become a leading bank on the continent. At CaixaBank, given our origins and our mission, we are convinced that responsible banking is the only path towards creating value sustainably."

Gonzalo Gortázar, CaixaBank's CEO, has expressed his gratitude for the awards that recognise a business model based on specialisation and quality of service, whilst focusing on offering the best customer experience, which has allowed the bank to continue to grow sustainably even in an environment of adverse rates: "The quality of our team is allowing us to successfully adapt to a fast-shifting environment in which we are continuing to increase our market share and acquire new customers each day. Today, we are the main bank for 26.3% of the Spanish retail market. In line with our new Strategic Plan, we will continue to work on strengthening ourselves as a leading company, a pioneer in innovation, with solid financial results and the best customer service."

CaixaBank is the leading entity in individual and digital banking in Spain, with 13.7 million customers in the country and the largest digital customer base of 6.1 million, of which 5.4 million are also mobile banking customers.

CaixaBank continues to enjoy a dominant market share across many key products and services, such as payroll direct deposits and mid- and long-term savings products. At the end of March 2019, the company hit 4 million payroll direct deposits, with a market share of 26.9% (+0.6 percentage points compared with the first quarter of 2018). The company also has a 17% share of mutual funds, and 24.6% of pension plans (at the end of March 2019).

CaixaBank, a benchmark in socially responsible banking

CaixaBank is a bank with a deeply social vocation. As a result of the legacy bequeathed to it, the bank upholds an attitude of serving society and its customers. This is why it has a commitment to financial inclusion, and is the only company present in 100% of towns with more than 10,000 inhabitants in Spain, and 94% of those with more than 5,000 inhabitants.

It is also the only bank that offers microloans to people with no guarantees or sureties, through MicroBank, to help them drive their personal and professional projects. It maintains a commitment to financial culture through various initiatives, to help people make better decisions to manage their finances. Furthermore, 46% of its workforce participates in volunteering projects during Social Weeks and throughout the year.

CaixaBank stands out due to its responsible actions and this is acknowledged by the main international organisations. The global Dow Jones Sustainability Index ranks it among the 16 best banks in the world, and among the four best in Europe in terms of corporate responsibility. Similarly, the international organisation CDP acknowledges CaixaBank as the leading bank in the struggle against climate change.

CaixaBank, within its new 2019-2021 Strategic Plan, seeks to be a leading and innovative financial group with the best customer service, while being a benchmark for socially responsible banking. To do so, it is implementing a plan with five priority lines of action: Integrity, transparency and diversity, to strengthen its responsible actions; Governance, to maintain the best governance model possible; Environment, to collaborate in the fight against climate change; Financial inclusion, the bank's founding inspiration; and, finally, Social action and volunteerism, to contribute to responding to social challenges around us.

This plan strengthens CaixaBank's different way of banking, a model based on closeness and commitment to its customers, shareholders, employees, suppliers and the wider society.

International acknowledgement of CaixaBank

These awards follow on from an intense year of acknowledgement of CaixaBank. In 2019, Global Finance has recognised the bank with the award of Best Bank in Spain for the fifth consecutive year and Best Bank in Western Europe for the first time. It was also named 2018 Bank of the Year in Spain by The Banker magazine.

In the field of innovation and digitalisation, CaixaBank has been selected the Best Private Bank for client digital communication – Global, by the Professional Wealth Management (PWM) magazine of the Financial Times Group; and the 2019 Most Innovative Bank in Western Europe, in Global Finance's The Innovators awards.

About Euromoney

Euromoney magazine is an economic-financial publication based in London, which is highly influential in capital markets. With 50 years of history, it is globally recognised as a specialised journal for international banking and financial news.

]]>
0
<![CDATA[Gonzalo Gortázar presents the 2019 CaixaBank Women in Business Awards to regional winners]]> https://blog.caixabank.es/?p=23645 2019-07-05T00:00:00.0Z 2019-07-05T00:00:00.0Z <![CDATA[Gonzalo Gortázar presents the 2019 CaixaBank Women in Business Awards to regional winners]]> Gonzalo Gortázar, CaixaBank's CEO, has presented the awards to the regional winners of the 2019 CaixaBank Women in Business Award, which acknowledges the careers and talent of leading managers in Spain. The awards, now in their third annual edition, have been consolidated nationwide as a result of its support to entrepreneurial women.

In an event held with the regional winners, CaixaBank's CEO, Gonzalo Gortázar, highlighted the high standard of the submitted applications, congratulated the 14 female award winners and shared with them “the need to promote this type of initiatives in order to increase the visibility and recognition of women in business and their important role in the social and economic spheres.”

During his intervention, Gonzalo Gortázar explained, “Our commitment towards promoting equality and diversity is at the heart of CaixaBank's socially responsible banking model. Through the Wengage programme, in which the Women in Business Award is framed, CaixaBank wants to contribute to developing talent and equal opportunities. The company currently has 40.1% of women in management positions.”

The 14 regional winners of the 2019 Women in Business Award

The 14 winners of the CaixaBank Regional Departments vying to be the Spanish representatives at the 2019 IWEC Awards are:

  • Western Andalusia: Arancha Manzanares Abásolo, Executive Vice-President of Ayesa Advance Technologies. It is a benchmark company in engineering, technology and consultancy in the industrial engineering, aeronautics and information systems sectors
  • Eastern Andalusia and Murcia: María Dolores Ciurana Boadas, CEO of Faccsa. The company, founded in 1941, is dedicated to manufacturing meat products. It is today one of the 10 main Spanish companies in its sector
  • Aragon and La Rioja: Cristina Forner González, Chair of the Board of Directors of Unión Vitivinícola, a company founded in 1972 with long-standing experience in La Rioja winegrowing. It currently exports to more than 120 countries
  • Balearic Islands: María Antonia Llull Sánchez, Deputy Chair of Hipotels Hotels & Resorts, a group in the hotel and tourism sector, which has 30 establishments spread throughout Majorca, Lanzarote, Cádiz and Mexico
  • Barcelona: Vanesa Martínez Chamorro, CEO of Carinsa (Industrial Fragrant Creations), a multinational industrial group dedicated to manufacturing and marketing fragrances, functional ingredients and additives for food, perfumery and cosmetics
  • Canary Islands: María del Carmen Pérez Lara, Deputy Chair and CEO of Grupo Pérez Moreno, a group of businesses from the construction, property, tourism and services sectors
  • Castilla-La Mancha and Extremadura: Isabel Sánchez Serrano, CEO of Disfrimur, a Spanish company founded in 1997, dedicated to road freight
  • Castilla León and Asturias: Verónica Pascual, CEO of ASTI Tech Group, a company dedicated to the sector of robotic engineering
  • Catalonia: Anna Alzamora Planaguma, Manager of Alzamora Carton Packaging, a company specialising in manufacturing cardboard containers for its customers' packaging, active in various sectors
  • Valencia: Ángela Pérez Pérez, CEO and Chair of the Board of Directors of Imegen, one of the leading laboratories in Europe specialising in oncogenetics, dedicated to research and development in human genetic diagnosis. It works in the field of precise personalised medicine, offering DNA analyses aimed at describing tumours and assigning the best treatment to each cancer patient
  • Galicia: Emma Lustres Gómez, Administrator and Executive Producer of Vaca Films, an audiovisual and cinematographic production company for films aimed at both the national and international markets
  • Autonomous Community of Madrid: Ana Victoria Ugidos Álvarez, CEO of Btsa Biotecnologías Aplicadas, a company specialising in manufacturing and preparing antioxidants. It is the first European company to manufacture natural vitamin E and to prepare natural antioxidants for the food industry
  • Navarre: Laura Sandúa Escribano, Manager of Aceites Sandúa, a company dedicated to packaging and marketing edible oils, a benchmark in Spain in the development of a special frying-type oil that does not contain palm oil
  • Basque Country and Cantabria: María Luisa Galardi Aduriz, CEO of Ondarreta Mesas y Sillas, a company founded more than 40 years ago and dedicated to manufacturing designer furniture. It currently exports over 40% of its production

The 2019 IWEC Awards

The winner of the CaixaBank Women in Business Award will be one of the Spanish representatives at the 2019 IWEC Awards, which will be held in New Delhi on 12 November, within the framework of the 12th International Women’s Entrepreneurial Challenge (IWEC), a worldwide network of female business leaders who nurture company ownership and cooperate on a global level with the goal of creating and distributing wealth in the business world.

The first edition of these awards took place in Barcelona in February 2007; subsequently, they were held in New York (2008), New Delhi (2009), Cape Town (2010), New York (2011), Barcelona (2012), Lima (2013), Stockholm (2014), Istanbul (2015), Brussels (2016), Seattle (2017) and Shanghai (2018).

In 2018 this international award ceremony acknowledged the careers of 48 businesswomen from 20 countries. The global turnover of the companies run by these women stands above 1.7 billion dollars and they employ more than 48,000 people.

CaixaBank, committed to diversity

The CaixaBank Women in Business Award has been consolidated nationwide as a result of its support to entrepreneurial women. It is part of CaixaBank's Wengage programme, which promotes the value of diversity and equal opportunities by carrying out a series of actions within the company aimed at promoting the talent and professional development of the women it employs. At the end of May 2019, the company had 40.1% of women in management positions.

In the external setting, CaixaBank promotes awards and conferences to increase the visibility of women in many areas of responsibility. This is precisely the goal of the CaixaBank Women in Business Award, which acknowledges the careers of women in the business world; or the WONNOW awards, in collaboration with Microsoft, which acknowledge the best students in the STEM fields (Sciences, Technology, Engineering and Mathematics). In addition, in 2018, CaixaBank promoted 70 conferences in Spain to raise awareness on the value of diversity and 11 Diversity Talks in the bank's international network.

Wengage is part of CaixaBank's Diversity Plan, which seeks to foster diversity in all its forms and reflects the socially responsible banking model, characterised by its commitment to the environment, its social approach and its contribution to the development of people and society as a whole.

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Gonzalo Gortázar, CaixaBank's CEO, has presented the awards to the regional winners of the 2019 CaixaBank Women in Business Award, which acknowledges the careers and talent of leading managers in Spain. The awards, now in their third annual edition, have been consolidated nationwide as a result of its support to entrepreneurial women.

In an event held with the regional winners, CaixaBank's CEO, Gonzalo Gortázar, highlighted the high standard of the submitted applications, congratulated the 14 female award winners and shared with them “the need to promote this type of initiatives in order to increase the visibility and recognition of women in business and their important role in the social and economic spheres.”

During his intervention, Gonzalo Gortázar explained, “Our commitment towards promoting equality and diversity is at the heart of CaixaBank's socially responsible banking model. Through the Wengage programme, in which the Women in Business Award is framed, CaixaBank wants to contribute to developing talent and equal opportunities. The company currently has 40.1% of women in management positions.”

The 14 regional winners of the 2019 Women in Business Award

The 14 winners of the CaixaBank Regional Departments vying to be the Spanish representatives at the 2019 IWEC Awards are:

  • Western Andalusia: Arancha Manzanares Abásolo, Executive Vice-President of Ayesa Advance Technologies. It is a benchmark company in engineering, technology and consultancy in the industrial engineering, aeronautics and information systems sectors
  • Eastern Andalusia and Murcia: María Dolores Ciurana Boadas, CEO of Faccsa. The company, founded in 1941, is dedicated to manufacturing meat products. It is today one of the 10 main Spanish companies in its sector
  • Aragon and La Rioja: Cristina Forner González, Chair of the Board of Directors of Unión Vitivinícola, a company founded in 1972 with long-standing experience in La Rioja winegrowing. It currently exports to more than 120 countries
  • Balearic Islands: María Antonia Llull Sánchez, Deputy Chair of Hipotels Hotels & Resorts, a group in the hotel and tourism sector, which has 30 establishments spread throughout Majorca, Lanzarote, Cádiz and Mexico
  • Barcelona: Vanesa Martínez Chamorro, CEO of Carinsa (Industrial Fragrant Creations), a multinational industrial group dedicated to manufacturing and marketing fragrances, functional ingredients and additives for food, perfumery and cosmetics
  • Canary Islands: María del Carmen Pérez Lara, Deputy Chair and CEO of Grupo Pérez Moreno, a group of businesses from the construction, property, tourism and services sectors
  • Castilla-La Mancha and Extremadura: Isabel Sánchez Serrano, CEO of Disfrimur, a Spanish company founded in 1997, dedicated to road freight
  • Castilla León and Asturias: Verónica Pascual, CEO of ASTI Tech Group, a company dedicated to the sector of robotic engineering
  • Catalonia: Anna Alzamora Planaguma, Manager of Alzamora Carton Packaging, a company specialising in manufacturing cardboard containers for its customers' packaging, active in various sectors
  • Valencia: Ángela Pérez Pérez, CEO and Chair of the Board of Directors of Imegen, one of the leading laboratories in Europe specialising in oncogenetics, dedicated to research and development in human genetic diagnosis. It works in the field of precise personalised medicine, offering DNA analyses aimed at describing tumours and assigning the best treatment to each cancer patient
  • Galicia: Emma Lustres Gómez, Administrator and Executive Producer of Vaca Films, an audiovisual and cinematographic production company for films aimed at both the national and international markets
  • Autonomous Community of Madrid: Ana Victoria Ugidos Álvarez, CEO of Btsa Biotecnologías Aplicadas, a company specialising in manufacturing and preparing antioxidants. It is the first European company to manufacture natural vitamin E and to prepare natural antioxidants for the food industry
  • Navarre: Laura Sandúa Escribano, Manager of Aceites Sandúa, a company dedicated to packaging and marketing edible oils, a benchmark in Spain in the development of a special frying-type oil that does not contain palm oil
  • Basque Country and Cantabria: María Luisa Galardi Aduriz, CEO of Ondarreta Mesas y Sillas, a company founded more than 40 years ago and dedicated to manufacturing designer furniture. It currently exports over 40% of its production

The 2019 IWEC Awards

The winner of the CaixaBank Women in Business Award will be one of the Spanish representatives at the 2019 IWEC Awards, which will be held in New Delhi on 12 November, within the framework of the 12th International Women’s Entrepreneurial Challenge (IWEC), a worldwide network of female business leaders who nurture company ownership and cooperate on a global level with the goal of creating and distributing wealth in the business world.

The first edition of these awards took place in Barcelona in February 2007; subsequently, they were held in New York (2008), New Delhi (2009), Cape Town (2010), New York (2011), Barcelona (2012), Lima (2013), Stockholm (2014), Istanbul (2015), Brussels (2016), Seattle (2017) and Shanghai (2018).

In 2018 this international award ceremony acknowledged the careers of 48 businesswomen from 20 countries. The global turnover of the companies run by these women stands above 1.7 billion dollars and they employ more than 48,000 people.

CaixaBank, committed to diversity

The CaixaBank Women in Business Award has been consolidated nationwide as a result of its support to entrepreneurial women. It is part of CaixaBank's Wengage programme, which promotes the value of diversity and equal opportunities by carrying out a series of actions within the company aimed at promoting the talent and professional development of the women it employs. At the end of May 2019, the company had 40.1% of women in management positions.

In the external setting, CaixaBank promotes awards and conferences to increase the visibility of women in many areas of responsibility. This is precisely the goal of the CaixaBank Women in Business Award, which acknowledges the careers of women in the business world; or the WONNOW awards, in collaboration with Microsoft, which acknowledge the best students in the STEM fields (Sciences, Technology, Engineering and Mathematics). In addition, in 2018, CaixaBank promoted 70 conferences in Spain to raise awareness on the value of diversity and 11 Diversity Talks in the bank's international network.

Wengage is part of CaixaBank's Diversity Plan, which seeks to foster diversity in all its forms and reflects the socially responsible banking model, characterised by its commitment to the environment, its social approach and its contribution to the development of people and society as a whole.

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