The FundaciÑn Bancaria Caixa dÍEstalvis i Pensions de Barcelona, ñla Caixaî, is the result of the transformation of Caixa dÍEstalvis i Pensions de Barcelona, ñla Caixaî into ñla Caixaî Banking Foundation, in compliance with the Savings Banks and Banking Foundations Law, of 27 December 2013.
ñla Caixaî was created in 1990 from the merger between Caja de Pensiones para la Vejez y de Ahorros de CataluÐa y Baleares, founded in 1904, and Caja de Ahorros y Monte de Piedad de Barcelona, founded in 1844. From the start, the main activity of ñla Caixaî was its dedication to family savings, and offering all its clients a pension insurance when this kind of benefit was not yet available in Spain.
The îla Caixaî Banking Foundation will directly manage Obra Social, which has always defined îla Caixaî, and will also group all the shareholding from îla Caixaî in Criteria CaixaHolding: the main participation in CaixaBank and also participations in other financial, industrial and service companies.
For the 7th year in a row, the îla Caixaî Banking Foundation is setting the Obra Social funds at ó500M in 2014, which makes it the first private foundation in Spain and one of the most important in the world.
- Company Name:Caixabank