The momentum and resilience of financial activity drove double-digit growth in all income statement margins, helping to improve profitability and efficiency while keeping capital adequacy at solid levels.... (read more...)
S&P Global Ratings has upgraded Banco de Crédito Social Cooperativo and Cajamar Caja Rural's rating to investment grade (BBB-) with a stable outlook from (BB+), driven by Grupo Cooperativo Cajamar's solid solvency position, increased capitalization and rising profitability.... (read more...)
The rating agency DBRS Morningstar has raised the long-term rating outlook of Banco de Crédito Social Cooperativo (BCC), Cajamar and Grupo Cooperativo Cajamar from stable to positive, reaffirming the level of BBB (low). In this review, it has considered the significant improvement in profitability over the recent quarters, the strengthening of its capitalization and the normalization of the cost of risk.... (read more...)
Income statement margins show double-digit growth, and all ratios are improving, showcasing improved efficiency, strengthening capital adequacy and higher profitability.... (read more...)
Grupo Cajamar has placed today, through the Banco de Crédito Social Cooperativo, a senior preferred debt issue for an amount of 500 million euros with a maturity of six years, and the orders received have excedeed 2.1 billion euros, 4.2 times more. Given the good reception of the market, the placement price of the issue has been set at 4,2 %, below the starting price.... (read more...)
In the first six months of the year, all the income statement margins show double-digit growth, contributing to an increase in capital adequacy and an improvement in efficiency, while also reinforcing the quality and diversification of the Group’s loan portfolio, lowering its risk profile and keeping its NPL ratio one of the lowest among the top Spanish banks.... (read more...)
Banco de Crédito Cooperativo-Grupo Cooperativo Cajamar
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