Abanca

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ABANCA Corporación Bancaria, S.A.

Formerly	NCG Banco, S.A. (2011–2014)
Company type	Sociedad anónima
Industry	Financial services
Predecessor	Caixa de Aforros de Galicia, Vigo, Ourense e Pontevedra
Founded	A Coruña, Spain (15 September 2011 (2011-09-15))
Headquarters	Betanzos , Spain
Number of locations	NGB: 680 branches Abroad: 10 offices
Area served	Nationwide
Key people	Javier Etcheverría de la Muela (Chairman) Juan Carlos Escotet (Vice-chairman) Francisco Botas (CEO)
Services	Retail banking Commercial banking
AUM	€56 billion (2014)
Number of employees	5,946 (2012)
Divisions	NCG Corporación Industrial, S.L. NCG División Grupo Immobiliario, S.L.
Rating	Fitch: BB+ Moody's: B3 S&P: B+
Website	www.abanca.com

ABANCA Corporación Bancaria, S.A. is a Spanish bank based in Galicia. It was created in September in 2011 following the "bankisation" of Novacaixagalicia savings bank. It operates in the autonomous communities of Galicia, Asturias and the province of León, in other parts of Spain and in Portugal, as well as offices in the UK, Germany, France, Switzerland, Brazil, Venezuela, Panama, Mexico and the USA.^[1]

Abanca has been designated as a significant institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.^[2][3]