2017
Grupo Cooperativo Cajamar has increased its sales of real estate foreclosed assets by 55% and has reduced the balance of non-performing loans by 16.9%
In recent weeks it sold two portfolios, one of foreclosed properties and another of defaulted loans, bringing the volume of problem assets sold in the year to date to 791 million euros.... (read more...)
Grupo Cooperativo Cajamar posts profit of 67.4 million euros, up 33.4%
At 30 September, Grupo Cooperativo Cajamar posted a consolidated profit of 67.4 million euros, 33.4% more than for the same period of the previous year, thanks to year-on-year growth in net interest income of 0.4% to 421.8 million euros. This improvement was fuelled by an increase in sight deposits – now accounting for 70% of total customer deposits – and a reduction in interest rates on new term deposits, helping to cut finance costs at a time of historically low interest rates.... (read more...)
Grupo Cooperativo Cajamar posts profit of 44.3 million euros, up 25.1%
At 30 June, Grupo Cooperativo Cajamar has a consolidated net profit of 44.3 million euros, 25.1% more than for the same period of the previous year, thanks to net interest income of 292.8 million euros, up 2.8% year-on-year... (read more...)
Grupo Cooperativo Cajamar recorded a net profit of 24.7 million euros, a 81.2% increase
Grupo Cooperativo Cajamar achieved a consolidated net profit of 24.7 million euros in the first quarter of 2017, 81.2% more than the same period last year... (read more...)
Grupo Cooperativo Cajamar launches its new Retail Business Platform
A new comprehensive solution with a wide range of services to help small businesses and sole traders to improve their commercial strategy, provided by 21 specialist firms.... (read more...)
TREA Cajamar funds are now worth over 1,000 million euros
The assets contained in the TREA Cajamar funds, commercialised by Cajamar and managed by TREA, are now worth over 1,000 million euros, following the partnership reached between these two entities in December of 2015, which means that the assets contained in these funds increased by 250% up to February 2017. This percentage is set to continue increasing, given that forecasts point to significant growth in this business. In this respect, Grupo Cajamar has just extended its range of funds with the new TREA Cajamar Valor, an international equity investment fund.... (read more...)
Grupo Cajamar increases its investment allocated to the internationalisation of SMEs by 25 %
For the third year running, Grupo Cooperativo Cajamar has once again increased the finance made available to small and medium Spanish enterprises, by around 2,000 million euros, 5.1 more than last year. Lending to medium sized enterprises has experienced the largest growth, 30%, as one of the Group's strategic segments. Lending to large businesses has increased by over 8 %.... (read more...)
Grupo Cajamar is launching its ICO Credit Facilities 2017
The president of BCC-Grupo Cooperativo Cajamar, Luis Rodríguez, and the president of Spain's Official Institute of Credit (ICO), Pablo Zalba, have signed an agreement to launch the "ICO Credit Facilities 2017", offering loans to small and medium enterprises and self-employed professionals under advantageous conditions. The presentation of these new credit facilities was attended by the Secretary of State for Economics and Business Support, Irene Garrido, and representatives of a further nine financial entities.... (read more...)
Grupo Cooperativo Cajamar increases its net profit by 8.4% in 2016, reaching 76.1 million euros
Grupo Cooperativo Cajamar has obtained a profit of 76.1 million euros, 8.4% higher than the previous year, thanks to the increase of gross income by 6.6%, up to 1,013.4 million euros; a growth of 2.8% of net interest income excluded from the carry-trade, despite the scenario of minimum interest rates; and the credit weakness.... (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