Corporate
2019
Grupo Cajamar drives up profit to ¤82 million,17.2 % higher thanks to improved business performance
Turnover growth and a reduction in non-performing assets and foreclosed assets, and lower operating expenses combine to drive up the bottom line, boost efficiency and bolster solvency in the third quarter of the year.... (read more...)
2019
Grupo Cajamar ratifies its support for United Nations Principles for Responsible Banking
Grupo Cooperativo Cajamar entities agree to align their business model with Sustainable Development Goals and Paris Agreement... (read more...)
2019
Grupo Cajamar raised its income by 4.1%, to ¤47 million, on the strength of the corporate business and agri-food sector
Growth in turnover and revenue, the reduction of non-performing risks and foreclosed assets, and the containment of operating expenses raised capital adequacy and improved the cost-to-income ratio in the first half of the year... (read more...)
2019
Grupo Cooperativo Cajamar endorses the Principles for Responsible Banking
Luis Rodríguez, chairman of Banco de Crédito Social Cooperativo-Grupo Cajamar, said today that the United Nation Environment Programme's Principles for Responsible Banking are in line with the business model and ethical management system of the Grupo Cooperativo Cajamar.... (read more...)
2019
Grupo Cooperativo Cajamar allocates 87% of its new lending to agri-food sector and enterprises in 2018
Solvency and asset quality have improved over the last year, as have business fundamentals and efficiency and recurring net income before provisions deriving from higher net interest income and lower administrative expenses... (read more...)
2018
EIB, EIF and ICO sign an agreement with Grupo Cajamar to provide over EUR 1bn to SMEs and the self-employed
The EIB Group, BCC-Grupo Cajamar and ICO are joining forces to ensure that SMEs working in rural areas and agri-food companies can access the credit they need to invest... (read more...)
2018
Grupo Cooperativo Cajamar posts improved key business, capital, efficiency and asset quality figures
Lending up 10.4%, especially to companies, the self-employed and the agri-food sector in the first nine months of the year than in the same period of the previous year... (read more...)
2018
Grupo Cooperativo Cajamar improves income, profits, solvency and efficiency
Assets under management have increased, while non-performing assets and non-performing loans have decreased... (read more...)
2018
Grupo Cajamar sells 308 million euro loan portfolio
Grupo Cooperativo Cajamar has sold a portfolio of 1,222 business loans with mortgage collateral, in the amount of approximately 308 million euros, to Link Financial Group. Grupo Cajamar continues to increase sales of distressed assets and to reduce non-performing assets, which at the end of the first quarter of 2018 are down 3 percentage points year-on-year.... (read more...)
2018
Cajamar places new 500 million euro issue of mortgage covered bonds
Cajamar Caja Rural has completed the placing of a new issue of five-year mortgage covered bonds maturing on 18 June 2023. With an issue amount of 500 million euros and orders totalling close to 950 million euros, the offer was 1.8 times oversubscribed.... (read more...)
2018
Grupo Cooperativo Cajamar posts net profit of 80 million euros in 2017, up 5.1%
Thanks to the commercial strategy pursued during 2017, Grupo Cooperativo Cajamar has been able to attract more customers, boost customer loyalty, grant more credit, grow the volume of managed customer funds and continue to gain market share. New lending grows 32%, mainly in the agrifood , SME and self-employed segments.... (read more...)
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...)
2017
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...)
2017
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...)
2017
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...)
2017
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...)
Grupo Cooperativo Cajamar
Gabinete de Comunicación
950 21 03 86 | comunicacion@grupocajamar.com
@PrensaCajamar | telegram.me/pGrupoCajamar