<![CDATA[CaixaBank - Communication]]> https://www.caixabank.com/aplnr/comunicacion/buscador/servicio.noticiasRSS_en.html WordPress <![CDATA[CaixaBank grows its presence in New York, hosts debate with experts to discuss importance of healthy lifestyle in the workplace]]> https://blog.caixabank.es/?p=23645 2018-06-21T10:00:00.0Z 2018-06-21T10:00:00.0Z <![CDATA[CaixaBank grows its presence in New York, hosts debate with experts to discuss importance of healthy lifestyle in the workplace]]> CaixaBank has opted for New York as the location for the most recent iteration of its international diversity debate programme, Diversity Talks. The event, held yesterday in the Cervantes Institute in New York, gathered experts from different industries to discuss the global importance of maintaining healthy lifestyle, particularly in the workplace.

The session featured a panel discussion including renowned cardiologist Dr Valentín Fuster, Physician-in-Chief of the Mount Sinai Medical Centre in New York, and director general of the Carlos III National Centre for Cardiovascular Research in Madrid; Ana Berenguer, Vice President of research and analysis at the New York City Economic Development Corporation (NYCEDC); and Alice M. Greenwald, President and CEO of the National September 11 Memorial & Museum in New York. The panel discussion was moderated by Juan Manuel Benitez, an anchor on Spectrum News NY1, with the opening remarks delivered by Karolina Miłaszewska, director of CaixaBank’s representative office in New York.

According to Dr Valentín Fuster: “The workplace is the perfect setting for promoting healthy lifestyle. As cardiologists, we are faced with the ongoing challenge of how to move from treating disease, to implementing preventative healthcare techniques. Global businesses should be contributing in order to achieve this goal. Cardiovascular diseases are the primary cause of premature death around the world, and experts agree that the only way to prevent such illnesses is a total change of lifestyle and a greater awareness of the need to promote healthy lifestyle habits.”

Alice Greenwald added further insights, observing that: “Emotional well-being is critical to all aspects of our lives, including our productivity at work. In all work environments, leaders have a responsibility to see their employees as individuals, not simply as workers or producers. By being attentive and responsive, leaders not only promote empathy and compassion; they encourage greater productivity and deeper loyalty to the organization.”

Adding to this, Ana Berenguer said: “As modern working life continues to intensify, the workplace has grown in our view as an important social centre. Governments and organisations have traditionally located their functions more broadly, both in a geographic and economic sense. Now, as attention increasingly shifts towards the quality of work and the workplace, the focus is sharpening on roles that fulfil and validate the worker. There’s a growing consensus that the workplace environment can have a strong impact on workers; a recent study concluded that employees in organisations with low levels of inclusion and trust were 30-50% more likely to be diagnosed with depression. It’s vital that we pay attention to this, particularly in cities like New York which are characterised by high diversity and density.”

CaixaBank has operated in the United States for three years now, with a representative office in New York, where it offers trade finance, as well as corporate and structured financing services. The representative office focuses its activities around the key sectors of infrastructure, energy, food production and aviation. 

Diversity key for CaixaBank

CaixaBank is one of Europe’s pioneering organisations in terms of diversity, and has established a specialist team to coordinate cross-organisation projects that encompass multiple aspects of diversity, including cultural and gender as well as functional and generational diversity. Diversity is also one of the core principals in CaixaBank’s corporate social responsibility programme.

For CaixaBank’s international banking division, diversity is not only an excellent approach to human resources management, but a key aspect of the business model. CaixaBank’s international network specialises in providing advice to Spanish companies undertaking projects overseas, which means that understanding the underlying cultural, social and gender-specific drivers of economic activity is just as important as having specialist international banking capabilities and services.

International presence

CaixaBank’s international network features diverse multicultural teams, responsible for providing close support to the bank’s clients, focusing on the specific requirements in each region. Gender diversity is particularly important: 42% of managerial positions in CaixaBank’s international network are held by women.

Currently, CaixaBank has an integrated international network of 26 operating branches and representative offices in 18 countries. The bank is present in Paris (France), Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Dubai (UAE), New Delhi (India), Cairo (Egypt), Santiago de Chile (Chile), Bogotá (Columbia), New York (USA), Singapore, San Paolo (Brazil), Algiers (Algeria), Johannesburg (South Africa) and Lima (Peru).

Additionally, the bank has international branches in Warsaw (Poland), Casablanca, Tangiers and Agadir (Morocco), London (UK) and Frankfurt (Germany). CaixaBank simultaneously maintains agreements with other international banks to facilitate its international operations and the needs of its external businesses and individuals around the world.

CaixaBank also participates in supplying capital to financial entities globally, with whom the bank has developed collaborative strategies. The bank holds an 94% stake in Portuguese bank BPI, and a 9.92% stake of the Austrian operator Erste Bank.

About CaixaBank

CaixaBank is leader in retail banking in Spain, with a 26.7% share among individual customers who make it their main bank. The bank, headed by chairman Jordi Gual, and led by CEO, Gonzalo Gortázar, has around 16 million customers in Spain and Portugal, with 5,379 branches, the largest commercial network in the Iberian peninsula. Additionally, CaixaBank holds an 94% stake in the Portuguese bank BPI and 9.92% of the Austrian operator Erste Bank.

CaixaBank also provides financing and specialized services to businesses via an extensive range of corporate banking solutions, including guarantees, bilateral loans, syndicated loans and transactional banking. Currently the bank has an international network comprised of 26 operating branches and representative offices in 18 countries.

CaixaBank has been named "Best Bank in Spain 2017" by the UK magazine Euromoney and New York magazine Global Finance also recognized recently the entity as the "Best Bank in Spain 2018". This year, Euromoney named CaixaBank, the "Best Private Bank in Spain" for the fourth time in a row.

It is also among the most sustainable in the world, according to the Dow Jones Sustainability Index, and was honored by Euromoney as the Best Bank for CSR in Western Europe.

]]>
CaixaBank has opted for New York as the location for the most recent iteration of its international diversity debate programme, Diversity Talks. The event, held yesterday in the Cervantes Institute in New York, gathered experts from different industries to discuss the global importance of maintaining healthy lifestyle, particularly in the workplace.

The session featured a panel discussion including renowned cardiologist Dr Valentín Fuster, Physician-in-Chief of the Mount Sinai Medical Centre in New York, and director general of the Carlos III National Centre for Cardiovascular Research in Madrid; Ana Berenguer, Vice President of research and analysis at the New York City Economic Development Corporation (NYCEDC); and Alice M. Greenwald, President and CEO of the National September 11 Memorial & Museum in New York. The panel discussion was moderated by Juan Manuel Benitez, an anchor on Spectrum News NY1, with the opening remarks delivered by Karolina Miłaszewska, director of CaixaBank’s representative office in New York.

According to Dr Valentín Fuster: “The workplace is the perfect setting for promoting healthy lifestyle. As cardiologists, we are faced with the ongoing challenge of how to move from treating disease, to implementing preventative healthcare techniques. Global businesses should be contributing in order to achieve this goal. Cardiovascular diseases are the primary cause of premature death around the world, and experts agree that the only way to prevent such illnesses is a total change of lifestyle and a greater awareness of the need to promote healthy lifestyle habits.”

Alice Greenwald added further insights, observing that: “Emotional well-being is critical to all aspects of our lives, including our productivity at work. In all work environments, leaders have a responsibility to see their employees as individuals, not simply as workers or producers. By being attentive and responsive, leaders not only promote empathy and compassion; they encourage greater productivity and deeper loyalty to the organization.”

Adding to this, Ana Berenguer said: “As modern working life continues to intensify, the workplace has grown in our view as an important social centre. Governments and organisations have traditionally located their functions more broadly, both in a geographic and economic sense. Now, as attention increasingly shifts towards the quality of work and the workplace, the focus is sharpening on roles that fulfil and validate the worker. There’s a growing consensus that the workplace environment can have a strong impact on workers; a recent study concluded that employees in organisations with low levels of inclusion and trust were 30-50% more likely to be diagnosed with depression. It’s vital that we pay attention to this, particularly in cities like New York which are characterised by high diversity and density.”

CaixaBank has operated in the United States for three years now, with a representative office in New York, where it offers trade finance, as well as corporate and structured financing services. The representative office focuses its activities around the key sectors of infrastructure, energy, food production and aviation. 

Diversity key for CaixaBank

CaixaBank is one of Europe’s pioneering organisations in terms of diversity, and has established a specialist team to coordinate cross-organisation projects that encompass multiple aspects of diversity, including cultural and gender as well as functional and generational diversity. Diversity is also one of the core principals in CaixaBank’s corporate social responsibility programme.

For CaixaBank’s international banking division, diversity is not only an excellent approach to human resources management, but a key aspect of the business model. CaixaBank’s international network specialises in providing advice to Spanish companies undertaking projects overseas, which means that understanding the underlying cultural, social and gender-specific drivers of economic activity is just as important as having specialist international banking capabilities and services.

International presence

CaixaBank’s international network features diverse multicultural teams, responsible for providing close support to the bank’s clients, focusing on the specific requirements in each region. Gender diversity is particularly important: 42% of managerial positions in CaixaBank’s international network are held by women.

Currently, CaixaBank has an integrated international network of 26 operating branches and representative offices in 18 countries. The bank is present in Paris (France), Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Dubai (UAE), New Delhi (India), Cairo (Egypt), Santiago de Chile (Chile), Bogotá (Columbia), New York (USA), Singapore, San Paolo (Brazil), Algiers (Algeria), Johannesburg (South Africa) and Lima (Peru).

Additionally, the bank has international branches in Warsaw (Poland), Casablanca, Tangiers and Agadir (Morocco), London (UK) and Frankfurt (Germany). CaixaBank simultaneously maintains agreements with other international banks to facilitate its international operations and the needs of its external businesses and individuals around the world.

CaixaBank also participates in supplying capital to financial entities globally, with whom the bank has developed collaborative strategies. The bank holds an 94% stake in Portuguese bank BPI, and a 9.92% stake of the Austrian operator Erste Bank.

About CaixaBank

CaixaBank is leader in retail banking in Spain, with a 26.7% share among individual customers who make it their main bank. The bank, headed by chairman Jordi Gual, and led by CEO, Gonzalo Gortázar, has around 16 million customers in Spain and Portugal, with 5,379 branches, the largest commercial network in the Iberian peninsula. Additionally, CaixaBank holds an 94% stake in the Portuguese bank BPI and 9.92% of the Austrian operator Erste Bank.

CaixaBank also provides financing and specialized services to businesses via an extensive range of corporate banking solutions, including guarantees, bilateral loans, syndicated loans and transactional banking. Currently the bank has an international network comprised of 26 operating branches and representative offices in 18 countries.

CaixaBank has been named "Best Bank in Spain 2017" by the UK magazine Euromoney and New York magazine Global Finance also recognized recently the entity as the "Best Bank in Spain 2018". This year, Euromoney named CaixaBank, the "Best Private Bank in Spain" for the fourth time in a row.

It is also among the most sustainable in the world, according to the Dow Jones Sustainability Index, and was honored by Euromoney as the Best Bank for CSR in Western Europe.

]]>
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<![CDATA[¿Quiénes son los jugadores más caros del Mundial de Rusia?]]> https://blog.caixabank.es/?p=23645 2018-06-21T06:00:37.0Z 2018-06-21T06:00:37.0Z <![CDATA[¿Quiénes son los jugadores más caros del Mundial de Rusia?]]> 0 <![CDATA[MicroBank has provided more than 4 billion euros in microfinance over the last decade]]> https://blog.caixabank.es/?p=23645 2018-06-20T11:00:00.0Z 2018-06-20T11:00:00.0Z <![CDATA[MicroBank has provided more than 4 billion euros in microfinance over the last decade]]> Between 2007 and year-end 2017, a decade that was rocked by economic and financial turmoil in Spain, the social bank wholly owned by CaixaBank, MicroBank, provided 4,083 million euros via 744,374 microloans to groups that traditionally struggle to secure access to credit (entrepreneurs and households).

At an event overseen by Gonzalo Gortázar, CaixaBank’s CEO, and Antoni Vila, the Chairman of MicroBank, CaixaBank detailed how MicroBank, a subsidiary 100% owned by the financial institution and the only Spanish bank engaged exclusively in microfinance, is pivotal to the Group’s new Corporate Responsibility Master Plan. Under said plan, CaixaBank aspires to spearhead socially responsible banking in Spain.

Other speakers at the event included María Leander, Secretary General of the European Investment Fund (EIF) and Eugenia Bieto, Managing Director of the Esade business school.

“Over the course of our one-hundred-year history we have constantly engaged with the communities in which we operate”, said Gonzalo Gortázar, CEO of CaixaBank. “We strive to stand head and shoulders above our peers in those areas of financial activity that truly improve living conditions for individuals, particularly those who are underprivileged or at risk of financial and social exclusion”.

He went on to point out that “rebuilding the reputation of banks and regaining customer confidence are vital to shoring up a recovery in the financial system. We at CaixaBank intend to lead the way”.

New Corporate Responsibility Master Plan

CaixaBank has articulated its engagement with society via a new Corporate Responsibility Master Plan, which has been approved by the Board of Directors, establishing three core aspects of socially responsible banking based on ESG criteria (Environmental, Social and Governance). Five lines of action have been identified:

  1. Integrity, transparency y diversity, strengthening responsible action and ensuring exemplary conduct that builds trust and incentivises diversity;
  2. governance, adopting best corporate governance practices and fostering responsible policies, as well as reputational risk management;
  3. financial inclusion, a founding value for the institution and one that remains absolutely relevant today, helping to tackle key social challenges and concerns;
  4. social action and volunteering, helping to encourage and channel solidarity and philanthropy among employees and customers via programmes and activities designed to drive social well-being and bolster the bank’s social engagement; and finally,
  5. the environment, partnering as fully as possible in efforts to combat climate change via climate risk management, while progressively including environmental criteria in portfolio decision-making and shrinking our carbon footprint.

“It is essential to combine the bank’s financial profitability, which safeguards both sustainability and shareholder confidence, with responsible and engaged conduct alongside our customers and society as a whole”, said Gortázar.

As well as providing microfinance to underprivileged groups, the bank further supports financial inclusion by operating branches in 94% of settlements with over five thousand inhabitants, while it has also granted aid to more than half a million financially struggling households with mortgage loans.

Financial inclusion: MicroBank, a success story

Microbank represents a core aspect of the CaixaBank Corporate Responsibility Master Plan. MicroBank is the only Spanish bank engaged exclusively in microcredit and is a European leader in microfinance.

"MicroBank’s mission is to propel productive activity, help generate employment and drive personal and household development”, said MicroBank Chairman, Antoni Vila. “Our bank is aimed mainly at groups that face real challenges accessing credit, due chiefly to a lack of collateral or non-existent credit history, particularly when embarking on new business projects”, he added.

Microcredit is a financial tool that helps generate social cohesion by tackling inequalities in terms of access to credit, a goal that has been a hallmark of our bank since its foundation and one that will continue to shape our actions going forward".

The social bank, 100%-owned by CaixaBank, specialises in providing financial services to underprivileged groups, whether these be entrepreneurs and businesses or individuals and households. In the last ten years the bank has granted 135,547 microloans to entrepreneurs and businesses worth 1,469 million euros, as well as 608,827 microloans to individuals and households struggling to access financing via the traditional banking system, worth 2,614 million euros and used to cover temporary shortfalls.

 According to a report from the Esade Social Innovation Institute, between 2007 and 2016 MicroBank played a decisive role in creating more than 181,000 jobs. The report concludes that such financing, used to set up or expand business projects, not only has a direct impact on the employment and financial circumstances of the borrowers, but also benefits other individuals as well. The majority of such entrepreneurs regard said microcredit as critical to the success of their business initiatives, with 56% of those surveyed saying they would not have been able to open or expand their business without microfinance.

Furthermore, most of these entrepreneurs were self-employed prior to securing microfinance. A further 20% were unemployed before being granted said credit. For this group, said loans were pivotal to securing access to the labour market. Of those entrepreneurs who were previously unemployed, 44% had been without a job for more than a year.

Support and endorsement from European institutions

The CaixaBank subsidiary, which is the leading provider of microfinance in Europe, has the backing of major European financial institutions, having signed partnership agreements with the European Investment Fund (EIF), the European Investment Bank (EIB) and the Council of Europe Development Bank.

Since 2008, the EIF has provided MicroBank with guarantees to cover a proportion of the risk assumed when granting microfinance to entrepreneurs and businesses. In 2014 the CaixaBank social bank became the first financial institution in the European Union to adhere to the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME), which is overseen by the EIF.

MicroBank also holds alliances with more than 500 partner institutions in Spain, including councils, other state administrations, chambers of commerce, not-for-profit organisations, universities and business schools, all seeking to promote self-employment and foster access to financing, especially for groups at risk of financial exclusion.

]]>
Between 2007 and year-end 2017, a decade that was rocked by economic and financial turmoil in Spain, the social bank wholly owned by CaixaBank, MicroBank, provided 4,083 million euros via 744,374 microloans to groups that traditionally struggle to secure access to credit (entrepreneurs and households).

At an event overseen by Gonzalo Gortázar, CaixaBank’s CEO, and Antoni Vila, the Chairman of MicroBank, CaixaBank detailed how MicroBank, a subsidiary 100% owned by the financial institution and the only Spanish bank engaged exclusively in microfinance, is pivotal to the Group’s new Corporate Responsibility Master Plan. Under said plan, CaixaBank aspires to spearhead socially responsible banking in Spain.

Other speakers at the event included María Leander, Secretary General of the European Investment Fund (EIF) and Eugenia Bieto, Managing Director of the Esade business school.

“Over the course of our one-hundred-year history we have constantly engaged with the communities in which we operate”, said Gonzalo Gortázar, CEO of CaixaBank. “We strive to stand head and shoulders above our peers in those areas of financial activity that truly improve living conditions for individuals, particularly those who are underprivileged or at risk of financial and social exclusion”.

He went on to point out that “rebuilding the reputation of banks and regaining customer confidence are vital to shoring up a recovery in the financial system. We at CaixaBank intend to lead the way”.

New Corporate Responsibility Master Plan

CaixaBank has articulated its engagement with society via a new Corporate Responsibility Master Plan, which has been approved by the Board of Directors, establishing three core aspects of socially responsible banking based on ESG criteria (Environmental, Social and Governance). Five lines of action have been identified:

  1. Integrity, transparency y diversity, strengthening responsible action and ensuring exemplary conduct that builds trust and incentivises diversity;
  2. governance, adopting best corporate governance practices and fostering responsible policies, as well as reputational risk management;
  3. financial inclusion, a founding value for the institution and one that remains absolutely relevant today, helping to tackle key social challenges and concerns;
  4. social action and volunteering, helping to encourage and channel solidarity and philanthropy among employees and customers via programmes and activities designed to drive social well-being and bolster the bank’s social engagement; and finally,
  5. the environment, partnering as fully as possible in efforts to combat climate change via climate risk management, while progressively including environmental criteria in portfolio decision-making and shrinking our carbon footprint.

“It is essential to combine the bank’s financial profitability, which safeguards both sustainability and shareholder confidence, with responsible and engaged conduct alongside our customers and society as a whole”, said Gortázar.

As well as providing microfinance to underprivileged groups, the bank further supports financial inclusion by operating branches in 94% of settlements with over five thousand inhabitants, while it has also granted aid to more than half a million financially struggling households with mortgage loans.

Financial inclusion: MicroBank, a success story

Microbank represents a core aspect of the CaixaBank Corporate Responsibility Master Plan. MicroBank is the only Spanish bank engaged exclusively in microcredit and is a European leader in microfinance.

"MicroBank’s mission is to propel productive activity, help generate employment and drive personal and household development”, said MicroBank Chairman, Antoni Vila. “Our bank is aimed mainly at groups that face real challenges accessing credit, due chiefly to a lack of collateral or non-existent credit history, particularly when embarking on new business projects”, he added.

Microcredit is a financial tool that helps generate social cohesion by tackling inequalities in terms of access to credit, a goal that has been a hallmark of our bank since its foundation and one that will continue to shape our actions going forward".

The social bank, 100%-owned by CaixaBank, specialises in providing financial services to underprivileged groups, whether these be entrepreneurs and businesses or individuals and households. In the last ten years the bank has granted 135,547 microloans to entrepreneurs and businesses worth 1,469 million euros, as well as 608,827 microloans to individuals and households struggling to access financing via the traditional banking system, worth 2,614 million euros and used to cover temporary shortfalls.

 According to a report from the Esade Social Innovation Institute, between 2007 and 2016 MicroBank played a decisive role in creating more than 181,000 jobs. The report concludes that such financing, used to set up or expand business projects, not only has a direct impact on the employment and financial circumstances of the borrowers, but also benefits other individuals as well. The majority of such entrepreneurs regard said microcredit as critical to the success of their business initiatives, with 56% of those surveyed saying they would not have been able to open or expand their business without microfinance.

Furthermore, most of these entrepreneurs were self-employed prior to securing microfinance. A further 20% were unemployed before being granted said credit. For this group, said loans were pivotal to securing access to the labour market. Of those entrepreneurs who were previously unemployed, 44% had been without a job for more than a year.

Support and endorsement from European institutions

The CaixaBank subsidiary, which is the leading provider of microfinance in Europe, has the backing of major European financial institutions, having signed partnership agreements with the European Investment Fund (EIF), the European Investment Bank (EIB) and the Council of Europe Development Bank.

Since 2008, the EIF has provided MicroBank with guarantees to cover a proportion of the risk assumed when granting microfinance to entrepreneurs and businesses. In 2014 the CaixaBank social bank became the first financial institution in the European Union to adhere to the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME), which is overseen by the EIF.

MicroBank also holds alliances with more than 500 partner institutions in Spain, including councils, other state administrations, chambers of commerce, not-for-profit organisations, universities and business schools, all seeking to promote self-employment and foster access to financing, especially for groups at risk of financial exclusion.

]]>
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<![CDATA[CaixaBank is named Best Private Bank for use of technology in Europe]]> https://blog.caixabank.es/?p=23645 2018-06-15T00:00:00.0Z 2018-06-15T00:00:00.0Z <![CDATA[CaixaBank is named Best Private Bank for use of technology in Europe]]> CaixaBank has won the title of “Best Private Bank for use of technology (Europe)” from the specialist Professional Wealth Management (PWM) magazine, part of the Financial Times Group. The award was based on assessments conducted by analysts, researchers and journalists at PWM magazine.

Presided over by Chairman Jordi Gual and CEO Gonzalo Gortázar, CaixaBank’s private banking segment serves clients with more than 500,000 euros in assets. The division has 58,491 customers, 560 account managers and 63,203 million euros in assets under management.

Technology is leveraged in the CaixaBank Private Banking model to ensure optimal communication between account managers and customers via innovative services such as “the Wall”, as well as a comprehensive mobility solution that allows managers to provide full consultancy and support from any location via Smart PCs. Said innovations come alongside the TIME financial planning model, which combines personalised consultancy with digitisation.

The Executive Director of CaixaBank Private Banking and Premier Banking, Víctor Allende, expressed his gratitude for the accolade, pointing out that “CaixaBank is a market leader in technological innovation, which is key in the Private Banking business. We provide our customers with tailored and multi-channel consultancy, which is made possible by how we use technology. Our service allows customers to decide when and where to receive any kind of financial consultancy.”

Professional Wealth Management (PWM)

PWM is a British publication and part of the Financial Times Group, based in London. It was founded in 2001 and specialises in analysing the growth strategies of private banks and the regional financial centres in which they operate.

International accolades for CaixaBank

CaixaBank is the leading retail bank in Spain, standing as the primary bank for 26.7% of the retail customer market. The bank, presided over by Chairman Jordi Gual and CEO Gonzalo Gortázar, serves close to 16 million customers in the Iberian market and operates 5,318 branches, the largest branch network in the Peninsula.

CaixaBank has been named the best bank in Spain by some of the most prestigious international specialist publications. In fact, recent honours include the Best Bank in Spain 2018 award from New York-based Global Finance magazine and title of Best Bank in Spain 2017 from British magazine Euromoney. In 2018 Euromoney likewise honoured CaixaBank as the best private banking operator in Spain for the fourth consecutive year.

]]>
CaixaBank has won the title of “Best Private Bank for use of technology (Europe)” from the specialist Professional Wealth Management (PWM) magazine, part of the Financial Times Group. The award was based on assessments conducted by analysts, researchers and journalists at PWM magazine.

Presided over by Chairman Jordi Gual and CEO Gonzalo Gortázar, CaixaBank’s private banking segment serves clients with more than 500,000 euros in assets. The division has 58,491 customers, 560 account managers and 63,203 million euros in assets under management.

Technology is leveraged in the CaixaBank Private Banking model to ensure optimal communication between account managers and customers via innovative services such as “the Wall”, as well as a comprehensive mobility solution that allows managers to provide full consultancy and support from any location via Smart PCs. Said innovations come alongside the TIME financial planning model, which combines personalised consultancy with digitisation.

The Executive Director of CaixaBank Private Banking and Premier Banking, Víctor Allende, expressed his gratitude for the accolade, pointing out that “CaixaBank is a market leader in technological innovation, which is key in the Private Banking business. We provide our customers with tailored and multi-channel consultancy, which is made possible by how we use technology. Our service allows customers to decide when and where to receive any kind of financial consultancy.”

Professional Wealth Management (PWM)

PWM is a British publication and part of the Financial Times Group, based in London. It was founded in 2001 and specialises in analysing the growth strategies of private banks and the regional financial centres in which they operate.

International accolades for CaixaBank

CaixaBank is the leading retail bank in Spain, standing as the primary bank for 26.7% of the retail customer market. The bank, presided over by Chairman Jordi Gual and CEO Gonzalo Gortázar, serves close to 16 million customers in the Iberian market and operates 5,318 branches, the largest branch network in the Peninsula.

CaixaBank has been named the best bank in Spain by some of the most prestigious international specialist publications. In fact, recent honours include the Best Bank in Spain 2018 award from New York-based Global Finance magazine and title of Best Bank in Spain 2017 from British magazine Euromoney. In 2018 Euromoney likewise honoured CaixaBank as the best private banking operator in Spain for the fourth consecutive year.

]]>
0
<![CDATA[CaixaBank acknowledged as a leading provider of support to foreign trade in emerging countries]]> https://blog.caixabank.es/?p=23645 2018-06-06T10:00:00.0Z 2018-06-06T10:00:00.0Z <![CDATA[CaixaBank acknowledged as a leading provider of support to foreign trade in emerging countries]]> CaixaBank has been named the “Best Confirming-Bank Partner for Financing in Emerging Markets 2017” by the International Finance Corporation (IFC), a member of the World Bank Group, as part of the Global Trade Finance Program (GTFP).

For the first time, the IFC, the largest global development institution focused exclusively on the private sector in developing countries, has recognised CaixaBank’s support for the internationalisation of businesses in emerging countries. In 2017, it partnered with the IFC in a total of 19 developing countries around the world.

CaixaBank, presided over by Chairman Jordi Gual and CEO Gonzalo Gortázar, supported business finance both in countries where it has representative offices and branches, as well as in regions where it has no on-the-ground presence. The 19 countries where CaixaBank partnered with IFC in 2017 include Turkey (Istanbul), South Africa (Johannesburg), Brazil (São Paulo) and Egypt (Cairo), where the bank has representative offices. 

For CaixaBank, being named “Best Confirming-Bank Partner for Financing in Emerging Markets 2017” represents acknowledgement of the more than 10-years it has worked to support the IFC’s GTFP program. This accolade sees the World Bank Group single out CaixaBank as one of the most active members of the finance program, as well as applauding its efforts to drive foreign trade in emerging countries during 2017.

Under the Global Trade Finance Program, banks in emerging countries establish trade partnerships with numerous international banks, which then fund commercial operations between private sector companies

 CaixaBank’s international presence

CaixaBank currently has an international network comprised of 26 operating branches and representative offices in 18 countries.

It also has representative offices in Paris (France), Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Dubai (United Arab Emirates), New Delhi (India), Cairo (Egypt), Santiago de Chile (Chile), Bogota (Colombia), New York (USA), Singapore, Johannesburg (South Africa), Sao Paulo (Brazil), Algiers (Algeria) and Lima (Peru).

The bank likewise operates international branches in Warsaw (Poland), Casablanca, Tangier and Agadir (Morocco), London (United Kingdom) and Frankfurt (Germany). CaixaBank holds agreements with international banks to support companies and individuals as they embark on overseas operations and foreign trade all over the world.

CaixaBank has equity investments in financial institutions in a number of countries, with which it runs partnership strategies. The bank controls 94% of Banco BPI and 9.92% of the Austrian operator Erste Bank.

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit www.ifc.org

 

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CaixaBank has been named the “Best Confirming-Bank Partner for Financing in Emerging Markets 2017” by the International Finance Corporation (IFC), a member of the World Bank Group, as part of the Global Trade Finance Program (GTFP).

For the first time, the IFC, the largest global development institution focused exclusively on the private sector in developing countries, has recognised CaixaBank’s support for the internationalisation of businesses in emerging countries. In 2017, it partnered with the IFC in a total of 19 developing countries around the world.

CaixaBank, presided over by Chairman Jordi Gual and CEO Gonzalo Gortázar, supported business finance both in countries where it has representative offices and branches, as well as in regions where it has no on-the-ground presence. The 19 countries where CaixaBank partnered with IFC in 2017 include Turkey (Istanbul), South Africa (Johannesburg), Brazil (São Paulo) and Egypt (Cairo), where the bank has representative offices. 

For CaixaBank, being named “Best Confirming-Bank Partner for Financing in Emerging Markets 2017” represents acknowledgement of the more than 10-years it has worked to support the IFC’s GTFP program. This accolade sees the World Bank Group single out CaixaBank as one of the most active members of the finance program, as well as applauding its efforts to drive foreign trade in emerging countries during 2017.

Under the Global Trade Finance Program, banks in emerging countries establish trade partnerships with numerous international banks, which then fund commercial operations between private sector companies

 CaixaBank’s international presence

CaixaBank currently has an international network comprised of 26 operating branches and representative offices in 18 countries.

It also has representative offices in Paris (France), Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Dubai (United Arab Emirates), New Delhi (India), Cairo (Egypt), Santiago de Chile (Chile), Bogota (Colombia), New York (USA), Singapore, Johannesburg (South Africa), Sao Paulo (Brazil), Algiers (Algeria) and Lima (Peru).

The bank likewise operates international branches in Warsaw (Poland), Casablanca, Tangier and Agadir (Morocco), London (United Kingdom) and Frankfurt (Germany). CaixaBank holds agreements with international banks to support companies and individuals as they embark on overseas operations and foreign trade all over the world.

CaixaBank has equity investments in financial institutions in a number of countries, with which it runs partnership strategies. The bank controls 94% of Banco BPI and 9.92% of the Austrian operator Erste Bank.

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit www.ifc.org

 

]]>
0
<![CDATA[CaixaBank launches a trading platform for the most active investors and a new stock market app]]> https://blog.caixabank.es/?p=23645 2018-06-05T00:00:00.0Z 2018-06-05T00:00:00.0Z <![CDATA[CaixaBank launches a trading platform for the most active investors and a new stock market app]]> CaixaBank has created a trading platform to give the most active investors an advanced environment in which to trade with maximum speed and precision. This tool provides a single environment in which all trading information is just a single click away.


This new solution gives users the option of trading in shares, warrants and ETFs on the main national and international markets; seeing the value of their portfolio at any time and managing orders; and personalising their working environment to meet their needs, including lists, favourite securities and so on in an intuitive, customisable way, with everything investors need to handle their day-to-day transactions.


Moreover, you can access comprehensive stock market information including real-time quotes, streaming and market depth with the top five positions for supply and demand; view the day's main headlines to keep up with the markets as well as stop-press news. Finally, through technical analysis, you can watch the progress of the markets using technical indicators and advanced graphics.


New stock market app, BrokerNow


BrokerNow is designed to enhance clients' stock market investment experience thanks to a complete redesign of the existing mobile app. In this respect, it includes tools that work better on each mobile device, with personalised browsing depending on the client's operating system, iOS or Android.


The app was created with the cooperation of over 100 investors, using fintech methodologies like design thinking and a customer-centric approach, in order to identify investors' real needs. Agile methodology was also used in the project.


BrokerNow facilitates the processes of buying and selling shares, as well as decision-making, by including interactive graphics with more than thirty indicators, an advanced predictive security search engine, a new news section and new services such as market depth. The app allows personalised viewing of comprehensive information about the state of investments, favourite securities, orders and yield, in a single overview.


BrokerNow features biometric access by fingerprint and Face ID, and will soon include the Neo artificial intelligence assistant, a specialised extension of the one that already exists in the CaixaBank app.


A landmark in mobility


CaixaBank continues to reinforce its leadership in online banking: it has a market share of 33%; 56% of its clients are online and it has 4.9 million mobile banking clients.


Since February, CaixaBank, with the launch of Now, has been promoting a wide range of products created to help families to manage their personal finances easily and immediately through the bank's online channels. Like this it sets out to provide the online products and services clients need in their everyday lives.

]]>
CaixaBank has created a trading platform to give the most active investors an advanced environment in which to trade with maximum speed and precision. This tool provides a single environment in which all trading information is just a single click away.


This new solution gives users the option of trading in shares, warrants and ETFs on the main national and international markets; seeing the value of their portfolio at any time and managing orders; and personalising their working environment to meet their needs, including lists, favourite securities and so on in an intuitive, customisable way, with everything investors need to handle their day-to-day transactions.


Moreover, you can access comprehensive stock market information including real-time quotes, streaming and market depth with the top five positions for supply and demand; view the day's main headlines to keep up with the markets as well as stop-press news. Finally, through technical analysis, you can watch the progress of the markets using technical indicators and advanced graphics.


New stock market app, BrokerNow


BrokerNow is designed to enhance clients' stock market investment experience thanks to a complete redesign of the existing mobile app. In this respect, it includes tools that work better on each mobile device, with personalised browsing depending on the client's operating system, iOS or Android.


The app was created with the cooperation of over 100 investors, using fintech methodologies like design thinking and a customer-centric approach, in order to identify investors' real needs. Agile methodology was also used in the project.


BrokerNow facilitates the processes of buying and selling shares, as well as decision-making, by including interactive graphics with more than thirty indicators, an advanced predictive security search engine, a new news section and new services such as market depth. The app allows personalised viewing of comprehensive information about the state of investments, favourite securities, orders and yield, in a single overview.


BrokerNow features biometric access by fingerprint and Face ID, and will soon include the Neo artificial intelligence assistant, a specialised extension of the one that already exists in the CaixaBank app.


A landmark in mobility


CaixaBank continues to reinforce its leadership in online banking: it has a market share of 33%; 56% of its clients are online and it has 4.9 million mobile banking clients.


Since February, CaixaBank, with the launch of Now, has been promoting a wide range of products created to help families to manage their personal finances easily and immediately through the bank's online channels. Like this it sets out to provide the online products and services clients need in their everyday lives.

]]>
0
<![CDATA[CaixaBank launches its new independent advice service for Private Banking clients in Navarra]]> https://blog.caixabank.es/?p=23645 2018-06-05T00:00:00.0Z 2018-06-05T00:00:00.0Z <![CDATA[CaixaBank launches its new independent advice service for Private Banking clients in Navarra]]> CaixaBank presented CaixaBank Wealth in Navarra today, a new independent advice service that is a pioneer in Spanish banking, set up within the framework of the new MIFID II rules.


The presentation to a group of Private Banking clients took place today at the Molino de Urdániz restaurant, attended by Ana Díez Fontana and Alfonso Sánchez González, CaixaBank regional manager and Private Banking and Premier Banking manager in Navarra, respectively.


CaixaBank Wealth has an organisational structure initially made up of 7 experts in wealth management with extensive experience and knowledge of all aspects of the financial market, to deal with the bank's Private Banking business. With this service priority is given to the right investment strategy at any given time, in line with the client's goals in terms of profitability, risk, term and liquidity.


The CaixaBank Wealth adviser will be responsible for designing the investment strategy, always within the framework of an advice contract that sets the parameters for the relationship with the bank. Moreover, the adviser can prepare an aggregate overview of the client's positions, including those held with other banks, with an overall analysis of the risk and distribution of their assets.


The organisational structure is separate and an explicit charge is made for the advice service so that the client can be aware in advance of the associated costs, with maximum transparency. Also, the client will have at their disposal a more extensive range of products, giving access to passive management and training without distribution fees in the different financial instruments. And, as a client of CaixaBank Wealth, they can also have access to teams of specialists who can design the best solution for their investments.


Gastronomic experience with Michelin-starred chef David Yárnoz


Furthermore, today's event in Urdániz provided a chance for the clients to share a gastronomic experience with David Yárnoz, currently one of the top chefs in Spain and the holder of a Michelin star.


The well-known cook today presented the CaixaBank clients with a tasting menu matched with wines in which priority was given to the simplicity, naturalness and exquisiteness of the dishes, signature touches that have raised David Yárnoz to the peak of Spanish gastronomy.


CaixaBank Private Banking, leader in Navarra


CaixaBank Private Banking has 2,400 clients in Navarra, managing 2,486 million euros in assets as at 31st March 2018. The products and services offered by the bank in this segment are aimed at clients with assets worth over 500,000 euros. The Navarra region has a specific Private Banking office located in Pamplona.


The key to this success is a Private Banking model that combines the overall branch network, with over 5,000 branches, with a specialised service made up of over 500 advisers, 46 exclusive offices and technology assets that enable it to offer advice anywhere.


Moreover, CaixaBank Private Banking has the Altium team, dedicated to managing assets worth over 10 million euros, which works together with the Private Banking advisers to offer a total service to clients who demand a high degree of sophistication in the management of their wealth. The team has a presence in Navarra, Barcelona, the Basque Country, Andalusia and Madrid to offer coverage throughout the regions.

]]>
CaixaBank presented CaixaBank Wealth in Navarra today, a new independent advice service that is a pioneer in Spanish banking, set up within the framework of the new MIFID II rules.


The presentation to a group of Private Banking clients took place today at the Molino de Urdániz restaurant, attended by Ana Díez Fontana and Alfonso Sánchez González, CaixaBank regional manager and Private Banking and Premier Banking manager in Navarra, respectively.


CaixaBank Wealth has an organisational structure initially made up of 7 experts in wealth management with extensive experience and knowledge of all aspects of the financial market, to deal with the bank's Private Banking business. With this service priority is given to the right investment strategy at any given time, in line with the client's goals in terms of profitability, risk, term and liquidity.


The CaixaBank Wealth adviser will be responsible for designing the investment strategy, always within the framework of an advice contract that sets the parameters for the relationship with the bank. Moreover, the adviser can prepare an aggregate overview of the client's positions, including those held with other banks, with an overall analysis of the risk and distribution of their assets.


The organisational structure is separate and an explicit charge is made for the advice service so that the client can be aware in advance of the associated costs, with maximum transparency. Also, the client will have at their disposal a more extensive range of products, giving access to passive management and training without distribution fees in the different financial instruments. And, as a client of CaixaBank Wealth, they can also have access to teams of specialists who can design the best solution for their investments.


Gastronomic experience with Michelin-starred chef David Yárnoz


Furthermore, today's event in Urdániz provided a chance for the clients to share a gastronomic experience with David Yárnoz, currently one of the top chefs in Spain and the holder of a Michelin star.


The well-known cook today presented the CaixaBank clients with a tasting menu matched with wines in which priority was given to the simplicity, naturalness and exquisiteness of the dishes, signature touches that have raised David Yárnoz to the peak of Spanish gastronomy.


CaixaBank Private Banking, leader in Navarra


CaixaBank Private Banking has 2,400 clients in Navarra, managing 2,486 million euros in assets as at 31st March 2018. The products and services offered by the bank in this segment are aimed at clients with assets worth over 500,000 euros. The Navarra region has a specific Private Banking office located in Pamplona.


The key to this success is a Private Banking model that combines the overall branch network, with over 5,000 branches, with a specialised service made up of over 500 advisers, 46 exclusive offices and technology assets that enable it to offer advice anywhere.


Moreover, CaixaBank Private Banking has the Altium team, dedicated to managing assets worth over 10 million euros, which works together with the Private Banking advisers to offer a total service to clients who demand a high degree of sophistication in the management of their wealth. The team has a presence in Navarra, Barcelona, the Basque Country, Andalusia and Madrid to offer coverage throughout the regions.

]]>
0
<![CDATA[CaixaBank brings together leading businesswomen in Milan to discuss the importance of women in leadership]]> https://blog.caixabank.es/?p=23645 2018-06-01T13:00:00.0Z 2018-06-01T13:00:00.0Z <![CDATA[CaixaBank brings together leading businesswomen in Milan to discuss the importance of women in leadership]]> CaixaBank, the leading retail bank in Spain, held its fifth Diversity Talks event in Milan yesterday evening, focusing on the importance of ensuring gender diversity in business and sustainable management. The event was attended by senior executives at leading companies, who debated the role of women across Italian businesses.

The bank launched its Diversity Talks programme earlier this year with events held in Turkey and Poland. More recently, CaixaBank also hosted similar events in Dubai and Johannesburg. The final iterations of the event will be held in New York and Casablanca, marking the end of CaixaBank’s seven-event series across its international network.

Among the panel participants in Milan was Maria Elena Cappello, member of the board at TIM, MPS, Saipem, Prysiam and FEEM; Silvia Marinari, head of human resources at Terna SPA; Cristina Scocchia, CEO of Kiko Make Up and member of the board at Pirelli, Elica and Luxottica; Nicole Della Vedova, head of capital markets at ENEL Spa, and Monica Poggio, CEO of Bayer Italy. The Spanish Ambassador in Italy, Jesús Gracia, closed the session, which was moderated by Claudina Farré, director of CaixaBank’s representative office in Italy.

In his closing remarks, Jesús Gracia highlighted the Spanish government's commitment to instilling equality into corporate culture through its ongoing support for initiatives such as CaixaBank's Diversity Talks, as well as other methods aimed at fostering a balanced representation of women in leadership positions. He also noted that the Ministry of Foreign Affairs and Cooperation in Spain has recently created an ambassadorial position, with a specific remit of furthering gender equality. The role encompasses responsibilities for eliminating all forms of discrimination, as well as ensuring that anti-discriminatory attitudes are adhered to not only through human resources programmes, but at corporate level.

The CaixaBank event was attended by women holding senior positions, representing companies from a variety of sectors. It served as a forum to share their personal and professional experiences, and to reflect upon the importance of ensuring diversity in the workplace.

Silvia Marinari commented: “In Italy, there is still work to be done if we are to achieve equal representation of men and women in the workforce.” Marinari said she believed that firms should be engaging in more conversations with their employees to recognise their unique contribution to firm’s activities.

Cristina Scocchia highlighted: “It is important to support a meritocracy-based corporate culture in every organisation which ensures that we all have equal opportunities to demonstrate our strengths.”

Monica Poggio stated: “By moving forward with determination and clear objectives, women can build the professional career they desire, while reconciling it with their private and family lives.”

To achieve this, Maria Elena Cappello advised the attendees of the event to “follow your passions and, above all, to have fun.”

Nicole Della Vedova commented: “Working with passion and curiosity, showcasing your achievements and continuously developing your skills, is an affirmation of uniqueness in each of us.”

Diversity key for CaixaBank

CaixaBank is one of Europe’s pioneering organisations in terms of diversity, and has established a specialist team to coordinate cross-organisation projects that encompass multiple aspects of diversity, including cultural and gender as well as functional and generational diversity. Additionally, diversity is one of the core principals in CaixaBank’s corporate social responsibility programme.

For CaixaBank’s international banking division, diversity is not only an excellent approach to human resources management, but a key aspect of the business model. CaixaBank’s international network specialises in providing advice to Spanish companies undertaking projects overseas, which means that understanding the underlying cultural, social and gender-specific drivers of economic activity is just as important as having specialist international banking capabilities and services.

International presence

CaixaBank’s international network features diverse multicultural teams, responsible for providing close support to the bank’s clients, focusing on the specific requirements in each region. Gender diversity is particularly important: 42% of managerial positions in CaixaBank’s international network are held by women.

Currently, CaixaBank has an integrated international network of 26 operating branches and representative offices in 18 countries. The bank is present in Paris (France), Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Dubai (UAE), New Delhi (India), Cairo (Egypt), Santiago de Chile (Chile), Bogotá (Columbia), New York (USA), Singapore, San Paolo (Brazil), Algiers (Algeria), Johannesburg (South Africa) and Lima (Peru).

Additionally, the bank has international branches in Warsaw (Poland), Casablanca, Tangiers and Agadir (Morocco), London (UK) and Frankfurt (Germany). CaixaBank simultaneously maintains agreements with other international banks to facilitate its international operations and the needs of its external businesses and individuals around the world.

CaixaBank also participates in supplying capital to financial entities globally, with whom the bank has developed collaborative strategies. The bank holds an 84.5% stake in Portuguese bank BPI, and a 9.92% stake of the Austrian operator Erste Bank.

About CaixaBank

CaixaBank is leader in retail banking in Spain, with a 26.7% share among individual customers who make it their main bank. The bank, headed by chairman Jordi Gual, and led by CEO, Gonzalo Gortázar, has around 16 million customers in Spain and Portugal, with 5,379 branches, the largest commercial network in the Iberian peninsula. Additionally, CaixaBank holds an 84.5% stake in the Portuguese bank BPI and 9.92% of the Austrian operator Erste Bank.

CaixaBank also provides financing and specialized services to businesses via an extensive range of corporate banking solutions, including guarantees, bilateral loans, syndicated loans and transactional banking. Currently the bank has an international network comprised of 26 operating branches and representative offices in 18 countries.

CaixaBank has been named "Best Bank in Spain 2017" by the UK magazine Euromoney and New York magazine Global Finance also recognized recently the entity as the "Best Bank in Spain 2018". This year, Euromoney named CaixaBank, the "Best Private Bank in Spain" for the fourth time in a row.

It is also among the most sustainable in the world, according to the Dow Jones Sustainability Index, and was honored by Euromoney as the Best Bank for CSR in Western Europe.

 

]]>
CaixaBank, the leading retail bank in Spain, held its fifth Diversity Talks event in Milan yesterday evening, focusing on the importance of ensuring gender diversity in business and sustainable management. The event was attended by senior executives at leading companies, who debated the role of women across Italian businesses.

The bank launched its Diversity Talks programme earlier this year with events held in Turkey and Poland. More recently, CaixaBank also hosted similar events in Dubai and Johannesburg. The final iterations of the event will be held in New York and Casablanca, marking the end of CaixaBank’s seven-event series across its international network.

Among the panel participants in Milan was Maria Elena Cappello, member of the board at TIM, MPS, Saipem, Prysiam and FEEM; Silvia Marinari, head of human resources at Terna SPA; Cristina Scocchia, CEO of Kiko Make Up and member of the board at Pirelli, Elica and Luxottica; Nicole Della Vedova, head of capital markets at ENEL Spa, and Monica Poggio, CEO of Bayer Italy. The Spanish Ambassador in Italy, Jesús Gracia, closed the session, which was moderated by Claudina Farré, director of CaixaBank’s representative office in Italy.

In his closing remarks, Jesús Gracia highlighted the Spanish government's commitment to instilling equality into corporate culture through its ongoing support for initiatives such as CaixaBank's Diversity Talks, as well as other methods aimed at fostering a balanced representation of women in leadership positions. He also noted that the Ministry of Foreign Affairs and Cooperation in Spain has recently created an ambassadorial position, with a specific remit of furthering gender equality. The role encompasses responsibilities for eliminating all forms of discrimination, as well as ensuring that anti-discriminatory attitudes are adhered to not only through human resources programmes, but at corporate level.

The CaixaBank event was attended by women holding senior positions, representing companies from a variety of sectors. It served as a forum to share their personal and professional experiences, and to reflect upon the importance of ensuring diversity in the workplace.

Silvia Marinari commented: “In Italy, there is still work to be done if we are to achieve equal representation of men and women in the workforce.” Marinari said she believed that firms should be engaging in more conversations with their employees to recognise their unique contribution to firm’s activities.

Cristina Scocchia highlighted: “It is important to support a meritocracy-based corporate culture in every organisation which ensures that we all have equal opportunities to demonstrate our strengths.”

Monica Poggio stated: “By moving forward with determination and clear objectives, women can build the professional career they desire, while reconciling it with their private and family lives.”

To achieve this, Maria Elena Cappello advised the attendees of the event to “follow your passions and, above all, to have fun.”

Nicole Della Vedova commented: “Working with passion and curiosity, showcasing your achievements and continuously developing your skills, is an affirmation of uniqueness in each of us.”

Diversity key for CaixaBank

CaixaBank is one of Europe’s pioneering organisations in terms of diversity, and has established a specialist team to coordinate cross-organisation projects that encompass multiple aspects of diversity, including cultural and gender as well as functional and generational diversity. Additionally, diversity is one of the core principals in CaixaBank’s corporate social responsibility programme.

For CaixaBank’s international banking division, diversity is not only an excellent approach to human resources management, but a key aspect of the business model. CaixaBank’s international network specialises in providing advice to Spanish companies undertaking projects overseas, which means that understanding the underlying cultural, social and gender-specific drivers of economic activity is just as important as having specialist international banking capabilities and services.

International presence

CaixaBank’s international network features diverse multicultural teams, responsible for providing close support to the bank’s clients, focusing on the specific requirements in each region. Gender diversity is particularly important: 42% of managerial positions in CaixaBank’s international network are held by women.

Currently, CaixaBank has an integrated international network of 26 operating branches and representative offices in 18 countries. The bank is present in Paris (France), Milan (Italy), Istanbul (Turkey), Beijing, Shanghai and Hong Kong (China), Dubai (UAE), New Delhi (India), Cairo (Egypt), Santiago de Chile (Chile), Bogotá (Columbia), New York (USA), Singapore, San Paolo (Brazil), Algiers (Algeria), Johannesburg (South Africa) and Lima (Peru).

Additionally, the bank has international branches in Warsaw (Poland), Casablanca, Tangiers and Agadir (Morocco), London (UK) and Frankfurt (Germany). CaixaBank simultaneously maintains agreements with other international banks to facilitate its international operations and the needs of its external businesses and individuals around the world.

CaixaBank also participates in supplying capital to financial entities globally, with whom the bank has developed collaborative strategies. The bank holds an 84.5% stake in Portuguese bank BPI, and a 9.92% stake of the Austrian operator Erste Bank.

About CaixaBank

CaixaBank is leader in retail banking in Spain, with a 26.7% share among individual customers who make it their main bank. The bank, headed by chairman Jordi Gual, and led by CEO, Gonzalo Gortázar, has around 16 million customers in Spain and Portugal, with 5,379 branches, the largest commercial network in the Iberian peninsula. Additionally, CaixaBank holds an 84.5% stake in the Portuguese bank BPI and 9.92% of the Austrian operator Erste Bank.

CaixaBank also provides financing and specialized services to businesses via an extensive range of corporate banking solutions, including guarantees, bilateral loans, syndicated loans and transactional banking. Currently the bank has an international network comprised of 26 operating branches and representative offices in 18 countries.

CaixaBank has been named "Best Bank in Spain 2017" by the UK magazine Euromoney and New York magazine Global Finance also recognized recently the entity as the "Best Bank in Spain 2018". This year, Euromoney named CaixaBank, the "Best Private Bank in Spain" for the fourth time in a row.

It is also among the most sustainable in the world, according to the Dow Jones Sustainability Index, and was honored by Euromoney as the Best Bank for CSR in Western Europe.

 

]]>
0
<![CDATA[United States: global shop window]]> https://blog.caixabank.es/?p=23645 2018-06-01T00:00:00.0Z 2018-06-01T00:00:00.0Z <![CDATA[United States: global shop window]]> As manager of the CaixaBank representation office in New York, I have been living in the Big Apple for two and a half years. During this time, I have had the chance to get to know a highly dynamic, hard-working city with a will to win and no fear of failure, open to opportunities but at the same time demanding and competitive.

Enterprise and innovation are two values intrinsic to the country's business culture

The United States offers entrepreneurs high status and greater rewards than any other country in the world. It has public policies, laws, institutional relations and financial incentives to stimulate and support the efforts of entrepreneurs. The United States has been able to take advantage of the opportunities offered by a very solid technology base, excellent human capital and an enormous capacity for innovation.

It is the world's leading economy, accounting for 25% of global output and absorbing 16% of all the world's imports. It is made up of 320 million consumers with a per capita income of 55,837 dollars, is the leading source and destination for international investment and has encouraged direct inward investment.*

While Spanish investment in the United States is something relatively recent, it has already been displaying a favourable trend. After the crisis years in Europe, Spanish companies are now here to stay. Iberdrola, OHL, ACS, Ferrovial, Acerinox, Arcelor and Grifols have an important presence in the country. The United States is Spain's leading trading partner outside the European Union.

In 2017 this market represented the sixth destination for exports of Spanish goods, accounting for 4.5% of the total, and it is Spain's fifth supplier: in 2017 4.6% of Spain's imports came from the United States. Moreover, in 2015 (the last year for which figures are available) the United States was the leading investor in Spain in shareholding terms, making up 14.6% of the total, and it is the second most-important destination for Spanish investment, accounting for 14% of the total.

In infrastructure, the Spanish private sector has a role in the execution of large-scale projects, and in the period from 2013 to 2017 Spanish firms won contracts for works and services in the United States worth around 30,000 million euros.

In export terms, the economic situation in Europe - including Spain - in recent years has represented an opportunity for a considerable group of Spanish firms, which have begun to export their goods and services

Worthy of mention is the growing Hispanic presence in the country, with over 55 million Spanish speakers, more than the population of Spain and the largest minority in the country (17%)*. This offers more and more opportunities for Spanish companies in the fields of culture, publishing and education, among others. Cities like Miami or New York have become financial hubs where repeated meetings are held between banks to discuss the possibilities of financing investments in Latin America. Spain could play an important role here. In a conversation with the president of the United States, Donald Trump, Spanish prime minister Mariano Rajoy offered Spain as an "interlocutor in Europe, Latin America, North Africa and the Near East."


From the legal point of view, the United States market is really 50 markets, each with its own legislation


The size of this market and global competition means that the best resources must be devoted to it, both financial and human. It is necessary to ¨Americanise¨ and seek out local partners as several Spanish corporations - such as Acciona or Iberdrola - have done.

This is a good time for Spanish firms to play an important role in projects in areas like road or rail infrastructures. Public-private partnerships may be another of the options Spanish firms could feel comfortable with. Nevertheless, the finance necessary for these investments must be taken into account. Setting up these projects requires assured funds, according to Deloitte, of around 200,000 million euros a year. The United States is the most heavily-indebted country in the world.

On the other hand, there is less interest in taking on renewable energy projects because of uncertainty over the continuity of tax incentives and new tax policy. There is also concern among exporters due to the programme of protectionist policies and the refusal to sign international trade agreements, which could, through duties and higher costs, harm Spanish firms exporting to the United States.

Despite its debts, the United States is the global shop window 

   
Growth this year will remain high (2.4%), encouraged by the positive trend in private consumption, the consolidation of investment and a slightly expansionary fiscal policy. In 2019, growth will continue to stand at about 2% as a result of internal support factors. **

Companies and products that succeed here have a good chance of succeeding in other countries.  Anybody thinking of embarking on an adventure in the United States should do so on the basis of good advice. Clear ideas and the support of a team of professionals specialised in the region are of key importance to success.

It must be borne in mind that while United States consumers have high purchasing power and in general are very happy to purchase foreign products, Spanish firms need an international strategic plan to succeed on this market.

]]>
As manager of the CaixaBank representation office in New York, I have been living in the Big Apple for two and a half years. During this time, I have had the chance to get to know a highly dynamic, hard-working city with a will to win and no fear of failure, open to opportunities but at the same time demanding and competitive.

Enterprise and innovation are two values intrinsic to the country's business culture

The United States offers entrepreneurs high status and greater rewards than any other country in the world. It has public policies, laws, institutional relations and financial incentives to stimulate and support the efforts of entrepreneurs. The United States has been able to take advantage of the opportunities offered by a very solid technology base, excellent human capital and an enormous capacity for innovation.

It is the world's leading economy, accounting for 25% of global output and absorbing 16% of all the world's imports. It is made up of 320 million consumers with a per capita income of 55,837 dollars, is the leading source and destination for international investment and has encouraged direct inward investment.*

While Spanish investment in the United States is something relatively recent, it has already been displaying a favourable trend. After the crisis years in Europe, Spanish companies are now here to stay. Iberdrola, OHL, ACS, Ferrovial, Acerinox, Arcelor and Grifols have an important presence in the country. The United States is Spain's leading trading partner outside the European Union.

In 2017 this market represented the sixth destination for exports of Spanish goods, accounting for 4.5% of the total, and it is Spain's fifth supplier: in 2017 4.6% of Spain's imports came from the United States. Moreover, in 2015 (the last year for which figures are available) the United States was the leading investor in Spain in shareholding terms, making up 14.6% of the total, and it is the second most-important destination for Spanish investment, accounting for 14% of the total.

In infrastructure, the Spanish private sector has a role in the execution of large-scale projects, and in the period from 2013 to 2017 Spanish firms won contracts for works and services in the United States worth around 30,000 million euros.

In export terms, the economic situation in Europe - including Spain - in recent years has represented an opportunity for a considerable group of Spanish firms, which have begun to export their goods and services

Worthy of mention is the growing Hispanic presence in the country, with over 55 million Spanish speakers, more than the population of Spain and the largest minority in the country (17%)*. This offers more and more opportunities for Spanish companies in the fields of culture, publishing and education, among others. Cities like Miami or New York have become financial hubs where repeated meetings are held between banks to discuss the possibilities of financing investments in Latin America. Spain could play an important role here. In a conversation with the president of the United States, Donald Trump, Spanish prime minister Mariano Rajoy offered Spain as an "interlocutor in Europe, Latin America, North Africa and the Near East."


From the legal point of view, the United States market is really 50 markets, each with its own legislation


The size of this market and global competition means that the best resources must be devoted to it, both financial and human. It is necessary to ¨Americanise¨ and seek out local partners as several Spanish corporations - such as Acciona or Iberdrola - have done.

This is a good time for Spanish firms to play an important role in projects in areas like road or rail infrastructures. Public-private partnerships may be another of the options Spanish firms could feel comfortable with. Nevertheless, the finance necessary for these investments must be taken into account. Setting up these projects requires assured funds, according to Deloitte, of around 200,000 million euros a year. The United States is the most heavily-indebted country in the world.

On the other hand, there is less interest in taking on renewable energy projects because of uncertainty over the continuity of tax incentives and new tax policy. There is also concern among exporters due to the programme of protectionist policies and the refusal to sign international trade agreements, which could, through duties and higher costs, harm Spanish firms exporting to the United States.

Despite its debts, the United States is the global shop window 

   
Growth this year will remain high (2.4%), encouraged by the positive trend in private consumption, the consolidation of investment and a slightly expansionary fiscal policy. In 2019, growth will continue to stand at about 2% as a result of internal support factors. **

Companies and products that succeed here have a good chance of succeeding in other countries.  Anybody thinking of embarking on an adventure in the United States should do so on the basis of good advice. Clear ideas and the support of a team of professionals specialised in the region are of key importance to success.

It must be borne in mind that while United States consumers have high purchasing power and in general are very happy to purchase foreign products, Spanish firms need an international strategic plan to succeed on this market.

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<![CDATA[CaixaBank Hotels & Tourism and HOSBEC offer the region's hotel industry a 500 million-euro line of finance]]> https://blog.caixabank.es/?p=23645 2018-05-25T00:00:00.0Z 2018-05-25T00:00:00.0Z <![CDATA[CaixaBank Hotels & Tourism and HOSBEC offer the region's hotel industry a 500 million-euro line of finance]]> CaixaBank Hotels & Tourism and HOSBEC, the Benidorm, Costa Blanca and València region hotel business association, are offering the hotel industry a specific line of finance worth 500 million euros with the aim of boosting and stimulating the hotel and tourist sector in the region over the next two years. This investment, made available to the association's 252 members with 82,000 beds in the València region, can be expanded if applications for loans from the businesses exceed the initial amount. Among other things, this line of credit covers the finance for new waves of modernisation in the region's hotels, which offer an ongoing example of adaptation, quality and specialisation to secure their position on the market.


The signing of the agreement, which took place at the HOSBEC offices in Benidorm, was attended by the CaixaBank business banking manager in the València region, Bernardino Gosp, and the president of HOSBEC, Antonio Mayor.


CaixaBank, the leading bank in the tourist industry, ended the financial year 2017 by granting 1,500 million in credit to the hotel sector, a figure that shows just how well the industry is performing at the moment. CaixaBank Hotels & Tourism forecasts 20% growth in credit in the sector in its first year of operation. Two out of every three hotels are currently CaixaBank clients, accounting for over 66% of the total.


A new model of proximity to hotel companies and businesses


The new CaixaBank Hotels & Tourism line of business, which was officially presented at Fitur, was set up to cement CaixaBank's leadership on the tourist market through a new model of proximity to hotel companies and businesses. In this way, CaixaBank, headed by Jordi Gual and run by the managing director Gonzalo Gortázar, makes a commitment to regional specialisation and backing the commercial activity of the hotel industry through a solid network of experts specialised in this sector.


CaixaBank is the leading bank in the tourist industry, with a portfolio of over 14,000 clients and a turnover of 5,000 million euros. Thus, CaixaBank Hotels & Tourism offers the hotel market a distinctive range of products and services and a solid network of experts specialised in this sector to help the tourist industry to boost the profitability of its business and simplify its everyday operations.


The creation of new products and services specific to the hotel market complements the bank's specialisation in the industry, taking into account the needs of its different sub-sectors: hotels, holiday accommodation and campsites.


One of the principal services CaixaBank offers hotels, especially family establishments and medium-sized chains, is the possibility of advances on payment for their room bookings. As well as minimising the commercial risk of non-payment by clients, this service, known as tourist factoring, represents a financial injection that hotels can use to prepare for the coming season on good terms or invest in improving their facilities. One of CaixaBank's goals is to provide a rapid response to the needs of both the hotel segment and its suppliers, who have very specific demands for cashflow financing due to the seasonal nature of their business and the origins of their clients.


The leading bank in the tourist industry


In 2008, the bank set up a business area devoted solely to this sector, making CaixaBank the first bank in Spain to establish a department specialising in this segment.


In 2017 the bank granted more than 1,500 million euros in loans to the hotel industry, in part the result of the agreement with CEHAT, the confederation of hotels and holiday accommodation, which has remained in force since 2011.


Over these years, CaixaBank has reinforced its role among hotel companies and businesses by signing agreements with different associations and organisations, especially with CEHAT, as well as attending the most important tourist trade fairs globally, including Fitur and the World Travel Market, the Exceltur forum and the annual Hosteltur forum, a key date in the industry.


The bank chosen by businesses


In 2017 CaixaBank consolidated its position as the first-choice bank for businesses. According to a study of market share by FRS Inmark, 48% of Spanish businesses with a turnover of between 1 and 100 million euros are CaixaBank clients.


CaixaBank has a specialised network made up of 116 branches distributed in all Spanish autonomous communities, employing 1,245 highly specialised experts who receive constant training and have earned a solid reputation for advice to businesses.


About HOSBEC


HOSBEC is the leading tourist business association in the València region and one of the most important internationally. It currently includes over 250 hotel, holiday accommodation and ancillary service businesses, offering over 82,000 beds. It works at regional level and now has a major presence in the city and province of València and in the province of Castellón.


HOSBEC always stresses the extraordinary investing spirit of the hotel and tourist businesses of Benidorm, the Costa Blanca and the València region. One of its strengths is without a doubt the constant adaptation, updating, modernisation and specialisation of the whole range of accommodation and leisure that enables a product as mature as this to retain its leadership on the market both nationally and internationally.


Executives are well aware that only through this constant drive to improve can they compete on a market as globalised and competitive as today's, and the support of the financial sector, in the form of the agreement signed today with CaixaBank, is the perfect complement to this drive to innovate.

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CaixaBank Hotels & Tourism and HOSBEC, the Benidorm, Costa Blanca and València region hotel business association, are offering the hotel industry a specific line of finance worth 500 million euros with the aim of boosting and stimulating the hotel and tourist sector in the region over the next two years. This investment, made available to the association's 252 members with 82,000 beds in the València region, can be expanded if applications for loans from the businesses exceed the initial amount. Among other things, this line of credit covers the finance for new waves of modernisation in the region's hotels, which offer an ongoing example of adaptation, quality and specialisation to secure their position on the market.


The signing of the agreement, which took place at the HOSBEC offices in Benidorm, was attended by the CaixaBank business banking manager in the València region, Bernardino Gosp, and the president of HOSBEC, Antonio Mayor.


CaixaBank, the leading bank in the tourist industry, ended the financial year 2017 by granting 1,500 million in credit to the hotel sector, a figure that shows just how well the industry is performing at the moment. CaixaBank Hotels & Tourism forecasts 20% growth in credit in the sector in its first year of operation. Two out of every three hotels are currently CaixaBank clients, accounting for over 66% of the total.


A new model of proximity to hotel companies and businesses


The new CaixaBank Hotels & Tourism line of business, which was officially presented at Fitur, was set up to cement CaixaBank's leadership on the tourist market through a new model of proximity to hotel companies and businesses. In this way, CaixaBank, headed by Jordi Gual and run by the managing director Gonzalo Gortázar, makes a commitment to regional specialisation and backing the commercial activity of the hotel industry through a solid network of experts specialised in this sector.


CaixaBank is the leading bank in the tourist industry, with a portfolio of over 14,000 clients and a turnover of 5,000 million euros. Thus, CaixaBank Hotels & Tourism offers the hotel market a distinctive range of products and services and a solid network of experts specialised in this sector to help the tourist industry to boost the profitability of its business and simplify its everyday operations.


The creation of new products and services specific to the hotel market complements the bank's specialisation in the industry, taking into account the needs of its different sub-sectors: hotels, holiday accommodation and campsites.


One of the principal services CaixaBank offers hotels, especially family establishments and medium-sized chains, is the possibility of advances on payment for their room bookings. As well as minimising the commercial risk of non-payment by clients, this service, known as tourist factoring, represents a financial injection that hotels can use to prepare for the coming season on good terms or invest in improving their facilities. One of CaixaBank's goals is to provide a rapid response to the needs of both the hotel segment and its suppliers, who have very specific demands for cashflow financing due to the seasonal nature of their business and the origins of their clients.


The leading bank in the tourist industry


In 2008, the bank set up a business area devoted solely to this sector, making CaixaBank the first bank in Spain to establish a department specialising in this segment.


In 2017 the bank granted more than 1,500 million euros in loans to the hotel industry, in part the result of the agreement with CEHAT, the confederation of hotels and holiday accommodation, which has remained in force since 2011.


Over these years, CaixaBank has reinforced its role among hotel companies and businesses by signing agreements with different associations and organisations, especially with CEHAT, as well as attending the most important tourist trade fairs globally, including Fitur and the World Travel Market, the Exceltur forum and the annual Hosteltur forum, a key date in the industry.


The bank chosen by businesses


In 2017 CaixaBank consolidated its position as the first-choice bank for businesses. According to a study of market share by FRS Inmark, 48% of Spanish businesses with a turnover of between 1 and 100 million euros are CaixaBank clients.


CaixaBank has a specialised network made up of 116 branches distributed in all Spanish autonomous communities, employing 1,245 highly specialised experts who receive constant training and have earned a solid reputation for advice to businesses.


About HOSBEC


HOSBEC is the leading tourist business association in the València region and one of the most important internationally. It currently includes over 250 hotel, holiday accommodation and ancillary service businesses, offering over 82,000 beds. It works at regional level and now has a major presence in the city and province of València and in the province of Castellón.


HOSBEC always stresses the extraordinary investing spirit of the hotel and tourist businesses of Benidorm, the Costa Blanca and the València region. One of its strengths is without a doubt the constant adaptation, updating, modernisation and specialisation of the whole range of accommodation and leisure that enables a product as mature as this to retain its leadership on the market both nationally and internationally.


Executives are well aware that only through this constant drive to improve can they compete on a market as globalised and competitive as today's, and the support of the financial sector, in the form of the agreement signed today with CaixaBank, is the perfect complement to this drive to innovate.

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