Cajamar Caja Rural has completed the placement of a new issue of 5-year mortgage covered bond, maturing on 16 of February of 2028. The amount of the issue has been 750 million euros and the orders received have surpassed 1,600 million euros, with demand exceeding supply by 2.2 times.... (read more...)
Highlights of the year are the recovery in revenue from the core banking business, the reduction of non-performing assets and the NPL ratio, the strengthening of coverage and provisions, and the improvement in solvency.... (read more...)
The CDP organisation has given Grupo Cooperativo Cajamar an “A” rating for its corporate transparency and climate change performance, one of the few companies to have earned that distinction of the more than 15,000 enterprises rated.... (read more...)
The recovery in recurring income and progressive reduction of non-performing assets contributed to a strengthened balance sheet and lower NPL ratio, allowing comfortable capital adequacy levels and ratios in the third quarter of 2022.... (read more...)
Grupo Cooperativo Cajamar has further expanded its commitment to sustainability by joining the Net-Zero Banking Alliance (NZBA), convened by the United Nations Environment Programme Finance Initiative (UNEP FI), of which the Group is a founding signatory. Under the NZBA, Grupo Cajamar undertakes to achieve net-zero operational greenhouse gas emissions by 2050 as a consequence of their activity; and will align its lending and investment portfolios with pathways to net-zero, while prioritising client engagement and offering products and services that will support clients’ transition towards a low-carbon economy.... (read more...)
As a result of Grupo Cajamar’s prudent management approach, in which balance sheet quality improvement takes priority and a substantial proportion of revenue from the business, specifically €238 million, has been used to fund provisions and write-downs and impairment of financial and non-financial assets, consolidated net profit, amounting to €50.1 million, is down 12.3% year-on-year.... (read more...)
Banco de Crédito Cooperativo-Grupo Cooperativo Cajamar
Communication address
Paseo de la Castellana 87 28046 Madrid
Telephone 950 210 386 and 914 230 014
comunicacion@bcc.es