Spanish retail banking made the request this Monday. Financial Conference of Prensa Ibérica and Grant Thornton his contribution to the devastated Spain and its social side, as demonstrated by his plans for financial inclusion for the elderly, financing of livestock and sustainable agriculture and the capillarity of the office network in rural areas.
The day included a round table called . ‘Regional Rooting: alternatives to competing with giants’ José Ignacio Oto, Ibercaja’s network manager and deputy general manager, participated; Kutxabank retail general manager Aitor Aranburu and Banco Cooperativo Español corporate and commercial banking manager Jacobo Sanmartín.
“We are proud of our history as a savings bank and our shareholders. Our social plans are very important in our daily lives, dividend reaches our four shareholders -Ibercaja Banking Foundation, Caja Inmaculada Foundation, Caja Badajoz Foundation and Caja Círculo Banking Foundation- are organizations that have a direct impact on society. In fact, 90% of our offices are located in rural areas,” emphasized José Ignacio Oto, network director and deputy general manager of Ibercaja.
Oto has also emphasized the following in recent years: “All institutions have done their homework in terms of legislation”. “We were resilient in the midst of the pandemic.”
Jacobo Sanmartín, head of corporate and commercial banking at Banco Cooperativo Español, argued that inflation should approach the 2 percent inflation target because data showed “fewer and fewer houses are being bought.” impact on the business of financial institutions. “I think it’s interesting to highlight the importance of being healthy and communicating effectively “In this way, customer confidence can be preserved, as was the case in the last bankruptcy crisis in American banking,” he said. “We continue to open offices, we do not close them. And with this we show our support for the evacuated Spain. “We are the institution with the widest branch network in many provinces,” he defended.
Kutxabank’s general manager of retail sales, Aitor Aranburu, preferred a “prudent” bank operating with “good solvency ratios”. Aranburu emphasized the sustainability of his business with two examples: Market share in SRI investment funds (socially responsible investing) 14% Compared to the 7% the organization owns in traditional investment funds and the 900 hectares of forest owned by the Basque-based organization.