Caja Madrid

Caja Madrid
Company typeBank
IndustryFinancial services and Insurance
Founded3 December 1702; 321 years ago (1702-12-03)
FounderFrancisco Piquer Rodilla
Defunct3 December 2010 (2010-12-03)
FateMerged to form Bankia in 2010
HeadquartersTorre Caja Madrid, ,
Key people
Rodrigo Rato (President)
ProductsConsumer Banking
Corporate Banking
622.3 million (2009)
Number of employees
15,279 (2009)

Caja Madrid, formally the Caja de Ahorros y Monte de Piedad de Madrid, headquartered in Madrid,[1] was the oldest of the Spanish savings banks. It was founded on 3 December 1702, by Francisco Piquer Rodilla, an Aragonese priest. Caja Madrid was the regional-owned bank of the Community of Madrid (Comunidad de Madrid).

On 30 July 2010, Caja Madrid signed an agreement to merge with six other savings banks to form Bankia on 3 December 2010.[2] Caja Madrid held a 52.6 percent controlling interest in the new company.

  1. ^ "Inicio Archived 25 June 2011 at the Wayback Machine." Caja Madrid retrieved on 7 January 2011. "Plaza de Celenque, 2. 28013 Madrid"
  2. ^ "Creation of the Bankia Group". Bankia. Archived from the original on 12 January 2020. Retrieved 9 March 2016.