BancoGallego2012

Banco Gallego is a financial institution with a long tradition, a wonderful present and ambitious future.

Banco Gallego has over 150 decades of historical past and today is the result of the merger of Financial Institution 21 and Banco Gallego, being a universal bank specializing oriented banking.

Since 1847, it was designed with the name of Financial Institution Olimpio Perez, Santiago de Compostela, formulated a regional bank located in Galicia until 1987 and right after several mergers, he took the mark of Banco Gallego, a network of 150 offices all located in Galicia itself.

Meanwhile, in 1991 a team of businessmen and professionals, led by former CEO of BBVA Banco de Vizcaya and D. Juan Manuel Urgoiti produces Banco21. Launched a financial institution situated in Madrid, customer-oriented medium-high cash flow and higher and corporate banking.

In 1993 Banco21 acquired the entire share money of Banco Gallego and 1998 Caixanova, one particular of the greatest financial savings financial institutions in Spain gets to be portion of our shareholders, whilst the fusion of both banks, using the ultimate designation Banco Gallego.

Throughout 2003, the 1st steps in the advancement of specialized models for personal and non-public banking and the exact same year, the Board is selling a strategic program to convert to Banco Gallego in an entity with nationwide coverage, collectively with a strengthening of specialization. At that time starts the very first enlargement plan.

After and provided the excellent benefits obtained, the Board authorized the acceleration of the strategy two times marked, getting existing at this time in 29 provinces and 200 specialised branches in four enterprise lines: Retail Banking. Focused to reply to the wants of daily buyers (innovation in goods and services, customized focus to our customers).

Premier Banking. Skilled advice for large internet really worth clients. With a differential value proposition (holistic look at of consumer independence in counseling, monitoring, manage and modification of the client's portfolio). Based Mostly on an open architecture product.

Engagement model for retail banking network, with personalized advisers displaced to different areas of the Bank's presence.

Corporate Banking. Specialist assistance on little and medium enterprises.

Subsidiaries. Organization unit oriented investment Bank in the company. Existing presence in sectors as diverse as real estate, cinema, geriatric providers and energy. The Financial Institution is a shareholder of a single of the biggest firms in the wind sector.

Other Bank with history in Spain is Deustche Bank.