• The credit amount has been earmarked to fund the international activity of small, medium and large enterprises.
• The financial institution leads the way in granting import loans in Spain with a market share of 27.4%, as well as by volume of guarantees issued and received, with a market share exceeding 30%.
• CaixaBank offers tailored products and services through its specialised Foreign Trade department as well as customised financing options and a broad range of innovative solutions for their internationalisation.
CaixaBank granted a total of €11 billion in the first six months of the year to help drive the internationalisation of Spanish companies. This financing, intended for small, medium and large enterprises, was primarily used to fund imports and exports, in addition to projects linked to the international activity of Spanish companies.
This credit volume highlights the confidence that the business sector has in CaixaBank as a benchmark institution in foreign trade financing. The financial institution leads the way in granting import loans in Spain with a market share of 27.4%, as well as by volume of guarantees issued and received, with a share of over 30%. These figures underscore CaixaBank's commitment to providing support to companies in their internationalisation process, allowing them to tap into its experience and knowledge of the markets helping to facilitate their business expansion abroad.
CaixaBank offers advice on business internationalisation through its specialised Foreign Trade department, which boasts a broad network of over 100 specialists helping meet the specific needs of companies in this field. The bank offers specialised products and services to help companies manage their imports and exports, in addition to customised financing options and a broad range of innovative solutions to enable them to manage their international activity entirely online.
CaixaBank, the value of specialisation
With a specialised model and a value proposition of products and services adapted to suit each sector, CaixaBank provides services to companies with turnover exceeding €2 million through 145 CaixaBank Empresas centres across Spain's autonomous communities, which employ 1,500 highly specialised and experienced professionals. Such professionals boast expertise in the areas of Financing and services; Foreign trade and treasury management; Structured financing; Tourism; and Real estate.
To provide services to micro-enterprises, the bank operates the CaixaBank Businesses division, which develops products and services adapted to suit the specific needs of this segment not only through financial support but also with personal and comprehensive advice available on everyday business management aspects.
Internationally, CaixaBank supports its business customers through various operational solutions and effective regional access to 127 markets, in addition to its highly-specialised in-branch advisers in Spain, offering advice for business transactions abroad. The bank provides its services to both SMEs and micro-enterprises that are starting out in exports, and to large corporations and business groups that are involved in more complex international projects.
CaixaBank's international presence
CaixaBank operates internationally through its International Banking network of branches and representative offices and through cooperation agreements with leading international banks. The financial institution also owns Portugal's Banco BPI, the fourth largest financial institution in Portugal in terms of assets.
CaixaBank's international network offers support to the bank's business customers that operate abroad, as well as to local corporates, thanks to its global reach with over 180 professionals, close to 30 international service points and agreements with more than 1,660 correspondent banks.