The General Shareholders' Meeting of Banco de Crédito Social Cooperativo approves the 2025 accounts
The president of BCC-Grupo Cajamar, Bernabé Sánchez-Minguet, described the Group's evolution in 2025 as positive, "strengthening our position among the ten most relevant entities in the Spanish financial system".
The Ordinary General Meeting of Shareholders of Banco de Crédito Social Cooperativo, the parent company of the Cajamar Cooperative Group, has approved the management report and financial statements for the 2025 fiscal year. It has also approved the proposed appointment of Pilar Sánchez to the Board of Directors as an independent director, who will begin her duties as a Board member once her registration with the Bank of Spain's Register of Senior Officials is finalized. Furthermore, Manuel Yebra was re-elected as a proprietary and executive director, and Antonio de Parellada and Marta de Castro were re-elected as proprietary directors.
During his address, Bernabé Sánchez-Minguet, President of BCC-Grupo Cajamar, addressed the geopolitical and economic situation of the past year, stating that, “despite the challenges and difficulties we faced in 2025, it was an exceptional year, in which we achieved remarkable results, with a consolidated profit after tax of €349 million, accompanied by sustained growth in our business volumes and market share". He added, “These figures confirm the strength of our project, its usefulness, and its acceptance by our growing customer base, reinforcing our position among the top ten significant entities in the Spanish financial system".
Sánchez-Minguet emphasized that “these results are the fruit of a clear and shared strategy, which we renewed with the approval of a new Strategic Plan for the period 2025–2027. This plan constitutes the roadmap with which we aspire to continue growing, continue improving, and consolidate our leadership in Spanish cooperative banking". He explained that "the plan reinforces our position as a benchmark in the agri-food sector and reflects our strength, our high ethical standards and a strong focus on both internal and external customers".
The president of BCC-Grupo Cajamar emphasized that “Grupo Cajamar’s progress has been accompanied by an ambitious commitment to sustainability, integrated across all aspects of our strategy and risk management. A firm commitment to the development of the regions where we operate as a means of our own growth and development. And also a continuous and significant investment in technology, cybersecurity, and, above all, in our people".
Sánchez-Minguet affirmed that “we will continue to drive process optimization, operational agility and efficiency, as well as strengthen our digital and technological capabilities, always opting for robust and flexible solutions that guarantee the resilience of our Group".
Finally, he pointed out that in the past year, “our commitment to the values of cooperative banking has been reaffirmed, projecting from our local communities a long-term vision based on proximity, social cohesion, and support for responsible economic development. These principles guide our work and are reflected in the way we interact with our members and clients, who are simply people serving people".
For his part, the CEO of BCC-Grupo Cajamar, Manuel Yebra, presented a detailed breakdown of all the financial and non-financial activity figures for 2025.
Pilar Sánchez Núñez, new BCC board member
The Annual General Meeting of Shareholders of Banco de Crédito Social Cooperativo-Grupo Cajamar approved the appointment of Pilar Sánchez Núñez to the Board of Directors as an independent director. She will begin her duties as a board member once her registration with the Registry of Senior Officials is finalized.
Pilar Sánchez Núñez (Mijares, Ávila, 1964), independent director of Banco de Crédito Social Cooperativo.
An agricultural engineer, she holds a Master's degree in Monetary and Financial Economics from the Center for Monetary and Financial Studies (CEMFI) of the Bank of Spain and is a member of the Spanish State Statistics Corps. She is recognized for her expertise in applied economics, competition law, economic regulation, and public policy, among other areas. She has held various positions of responsibility in the Public Administration and regulatory bodies, and previously served as a director of the National Commission on Markets and Competition (CNMC).
She has extensive experience at the CNMC (National Markets and Competition Commission), where she was appointed a board member from 2020 to 2025. She has been assigned to the Regulatory Oversight Division—where she served as acting vice-president between September 2023 and December 2024—and in 2025, to the Competition Division. Between 2005 and 2013, she was a board member and vice-president of the now-defunct National Competition Commission and a member of the Competition Defense Tribunal. From 1998 to 2003, she was deputy director general of Mergers, Acquisitions, and Concentrations at the Competition Defense Tribunal.
She has also held senior positions in government. From 2013 to 2018, she served as an advisor to the Secretary of State for Information Society and Digital Agenda at the Ministry of Energy, Tourism, and Digital Agenda. From 2018 to 2020, she served as an advisor on Digital Agenda in the Cabinet of the Minister of Economy, and that same year, as an advisor on Digital Transformation in the Cabinet of the Third Vice-President and Minister of Economic Affairs and Digital Transformation. She has also been a member of the boards of directors of Red.es and INCIB.
Among other responsibilities, from 2003 to 2005 she was a full-time consultant for the World Bank in Washington, participating in international public-private infrastructure projects, structural reforms, and competitiveness enhancement initiatives in Latin America.
In academia, she has been a visiting professor in the Master's Program in Industrial Economics at Carlos III University (Madrid), the Master's Program in Economics and Regulation of Public Services at the University of Barcelona, the Master's Program in Energy Law at the Spanish Energy Club, and the Competition Law Course at IE Business School. She also served on the Board of Trustees of the Bank of Spain's Center for Monetary and Financial Studies Foundation from 2009 to 2024, and on its Executive Committee from 2010 to 2024.
She is also the author of numerous articles on competition, the digital agenda, energy, and telecommunications.