Frequently asked questions

When has been the Banco de Crédito Cooperativoconstituted?

The Banco de Crédito Cooperativo (BCC) held its General Incorporation Meeting on January 28, 2014.

What entities have founded it?

The 32 Spanish rural Banks that decided to create the BCC and thus became in its first shareholder entities were: Cajamar Caja Rural, Caixa Rural Torrent, Caixa Rural de Vila-real, Caixaltea, Caixa Rural Burriana, Caixa Rural Nules, Caixacallosa, Caixapetrer, Caixaalqueries, Caixa Rural San Vicent Ferrer de Vall d'Uixó, Caja Rural de Cheste, Caixa Rural d'Alginet, Caja Rural de Villar, Caixaturís, Caixa Rural Vilavella, Caixa Rural de Almenara, Caixa Rural Vilafamés, Caixa Rural Xilxes, Caja Rural de Almendralejo, Caja Rural de Utrera, Caja Rural de Baena, Caja Rural de Cañete de las Torres, Caja Rural de Nueva Carteya, Caja Rural de Adamuz, Caja Rural de Castilla-La Mancha, Caixa Guissona, Caixa Almassora, Caixa Rural La Vall, Caixa Benicarló, Caixa Rural Les Coves and Caixa Vinaròs.

Which is its relationship with the Grupo Cooperativo Cajamar?

The Banco de Crédito Cooperativo has assumed the status of head entity of the Grupo Cooperativo Cajamar and therefore the management and representation of it.

The Grupo Cooperativo Cajamar is currently formed by 19 entities: the Banco de Crédito Cooperativo and 18 rural banks (Cajamar Caja Rural, Caixa Rural Torrent, Caixa Rural de Vila-real, Caixaltea, Caixa Rural Burriana, Caixa Rural Nules, Caixacallosa, Caixapetrer, Caixaalqueries, Caixa Rural San Vicent Ferrer de Vall d'Uixó, Caja Rural de Cheste, Caixa Rural d'Alginet, Caja Rural de Villar, Caixaturís, Caixa Rural Vilavella, Caixa Rural de Almenara, Caixa Rural Vilafamés, Caixa Rural Xilxes). These entities have 1.4 million of partners and provide service to 3.4 million of customers.

The Grupo Cooperativo Cajamar is a consolidated group of credit entities described as Protection Scheme (SIP in Spanish) by Bank of Spain, which BCC is the head entity. The 31 December 2018 has assets amounting 44,079 millions of euros, a managed business volume of 73,859 millions of euros, a solvency ratio of 14.25 and a ratio CET 1 pashed-in of 12.52 % and CET 1 fully loaded of 11.54 %, 1,018 branches and 5,506 employees.

In which provinces does the Banco de Crédito Cooperativooperate?

Its scope is national. Through the entities of the Grupo Cooperativo Cajamar, the BCC is present in 43 provinces of Andalusia, Aragon, Asturias, Baleares, Canarias, Cantabria, Castilla-La Mancha, Castilla y Leon, Catalonia, Community of Valencia, Extremadura, Galicia, La Rioja, Madrid, Navarra and Region of Murcia, as well as in the autonomous cities of Ceuta and Melilla.

To what activities Banco de Crédito Cooperativois oriented?

By its linking to the shareholder rural banks that have led to its incorporation, the Banco de Crédito Cooperativo is an entity that within a framework of the social economy and pays special attention to rural areas and food and agriculture sector. Its financing activity is specially aimed to SMEs, self-employed and family economy.

According to its bylaws, the purpose of Banco de Crédito Cooperativo is specified in the performance of all kinds of activities, transactions and services specific of the banking business in general, that are in accordance with current legislation.

In which position is the Group to which the Banco de Crédito Cooperativo belongs to in whole of the sector?

Among Banks, Savings Banks, Rural Banks and other credit cooperatives and financial entities operating in Spain, the Grupo Cooperativo Cajamar, where the Banco de Crédito Cooperativo is its header entity, it is in the 14th place in the national ranking.

Which are the social bodies of Banco de Crédito Cooperativo?

The social bodies of the Banco de Crédito Cooperativo are:

• The General Meeting which is the sovereign body and which resolutions are binding on all shareholders.
• TheBoard of Directors that constitutes the natural organ of representation, administration, management and monitoring.
• The Executive Committee which has the same powers as the Board of Directors, except those which the Law considers that cannot be delegated.
• The Audit Committee and Regulatory Compliance and the Appointments and Remuneration Committee which are two internal bodies with powers of information, advice and suggestions within its competence, respectively.