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16 July 2026, 10:05h   |   min read
CORPORATE FINANCIAL PRODUCTS
International

CaixaBank boosts its market shares in foreign trade between Spain and India and reinforces its commitment to the corridor

#International banking   |   #CIB   |   #Foreign trade   |   #Internationalization   |   # investment   |   #Representative office
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Taj Mahal in India

Taj Mahal in India

Taj Mahal in India

Taj Mahal in India

  • In 2025, the bank achieved a 56.6% market share in export documentary credits between Spain and India, 31% in import documentary credits and 55% in guarantees managed between the two countries
  • CaixaBank, which opened its representative office in New Delhi in 2011, has become a benchmark financial partner for European companies operating in one of the fastest-growing economies in the world

In 2025, CaixaBank boosted its market shares in foreign trade between Spain and India, consolidating its position as a benchmark financial partner for European companies operating in the Asian country and reinforcing its commitment to driving bilateral trade and investment flows. 

The bank, which has been present in India for 15 years through a representative office, strengthened its market shares in 2025 in export documentary credits between Spain and India, reaching 56.6% compared with 35.4% in 2024; in import documentary credits, rising to 31% (+210 basis points); and in guarantees managed between the two countries, reaching 55% (+80 basis points). 

These growth figures reflect CaixaBank’s commitment to developing economic relations between the two countries, which will be strengthened by the signing of the trade agreement between the European Union and India in January 2026, expected to enter into force in 2027. 

CaixaBank, accompanying its clients to India for the past 15 years 

CaixaBank opened its representative office in New Delhi in 2011 as a strategic platform to support its corporate clients in their internationalisation and growth processes in one of the world’s fastest-growing economies, and to support international trade flows along the Spain-India corridor. 

From the office, and in coordination with CaixaBank’s specialised teams in Spain and the rest of the Group’s international network, the bank provides services and support in foreign trade and investment activities to CaixaBank corporate clients with interests in the region, as well as to Indian companies, offering trade finance solutions, guarantees, standby letters of credit and a broad range of corporate banking services tailored to companies’ needs. It provides market intelligence, support for country-entry strategies, facilitates relationships with local financial institutions and counterparties, and collaborates in structuring complex international transactions. 

Over the years, CaixaBank has developed a close relationship with India’s leading financial institutions. The bank also maintains strong collaboration with chambers of commerce, business associations, institutional bodies and companies from both countries with the aim of fostering new business opportunities and strengthening economic relations between the two countries. 

Today, the office has four employees, three of whom are local professionals with extensive experience in the country’s market. In this way, the bank combines local knowledge with the financial strength and capabilities of the CaixaBank Group, which, in addition to its International Banking network, has an extensive network of foreign trade specialists focused on offering companies close advisory support and the right momentum in their internationalisation process, with financing adapted to their specific needs. 

In recent years, India has consolidated its position as one of the main drivers of global economic growth and offers significant opportunities for companies in sectors such as infrastructure, renewable energy, manufacturing, technology, industrial equipment and pharmaceuticals. According to some studies, it is already the world’s fourth-largest economy, behind the United States, China and Germany. 

CaixaBank’s international presence 

CaixaBank’s international network is made up of branches and representative offices around the world. This network supports corporate and business clients operating abroad, as well as local companies, thanks to its global reach through more than 300 professionals, nearly 30 international service points and agreements with more than 1,600 correspondent banks. The network provides coverage in more than 70 countries and represents 82% of global GDP. 

CaixaBank’s international presence comprises six branches —in the United Kingdom, France, Germany, Italy, Poland and Morocco— and 17 representative offices across five continents. The financial institution also has two banking subsidiaries: Portugal’s Banco BPI, the country’s fourth-largest financial institution by assets, and CaixaBank Wealth Management Luxembourg, the CaixaBank Group’s international private banking subsidiary. It also has a Spanish Desk at Mexico’s Inbursa in Mexico City to serve CaixaBank corporate clients in that market.

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