Corporate

Corporate

15
Jun
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...)

07
Jun
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...)

08
May
2018

Grupo Cooperativo Cajamar increases lending, boosts earnings and bolsters solvency

The volume of new lending ? mainly to the agri-food sector, small and medium-sized enterprises and the self-employed ? is up 12%, and the increase g year-on-year in performing loans is up 4.2% at 1.141.million euros in the first quarter of 2018 to 28.413 million euros.... (read more...)

15
Feb
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...)

22
Dic
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...)

15
Nov
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...)

16
Ago
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...)

16
May
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...)

08
Feb
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