Caja Madrid

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Caja Madrid – Major Shareholder in Indra with 20% Stake

Friday, November 21st, 2008

Caja Madrid has decided to ramp up its presence in Indra. Over the last few weeks, the Madrid bank has been buying up small packages in the company and now owns 5% more than before. In its newest purchases, it has invested approximately 122 m€. The bank now owns 20 %of the technology company and [...]

Caja Madrid stands by Cibeles despite financial storm

Thursday, September 18th, 2008

The savings bank pushes preparations ahead for the stock market flotation of its holding company in November, but does not rule out last-minute changes.
Despite the financial hurricane currently hammering down on stock markets all over the world, Caja Madrid continues to push ahead with its preparations for the public stock flotation of its financial holding [...]

Caja Madrid sparks off another deposit war with new 6.5% APR Deposit

Wednesday, September 17th, 2008

Caja Madrid has launched a new deposit, called “Barrilete Cósmico” which offers 6.5% APR interest over twelve months, advanced interest payments and the opportunity for both current clients at the bank who deposit cash from other banks and new clients to sign up, according to statements issued by the savings bank today.
The deposit takes its [...]

Out of crisis come opportunities: Cibeles Caja Madrid Group

Friday, September 12th, 2008

Spain is currently experiencing a tremendous boom in its sporting, business and cultural activities, so why not make the most of the opportunities presented from a financial standpoint too? A case which comes to mind and which is in the news lately is Caja Madrid’s creation of its “Cibeles Caja Madrid Holding”. The ensuing company [...]

Caja Madrid and FCC Buy Concessions from Acciona for 101 million

Thursday, September 11th, 2008

FCC and Caja Madrid have put more than 100 million on the table to strengthen the presence of their affiliate Global Vía in the infrastructures sector. Concretely, they have closed a deal to buy Acciona shares in five concessions: 33.3% of Concesiones de Madrid (M-45 ring road), 25% of Ruta de los Pantanos (Reservoir Highway), [...]

Caja Madrid will become the merged Iberia-British Airways partner of reference with a 10% stake

Wednesday, August 20th, 2008

We will need to wait another year to find out precisely what will be the interchange equation managed by Iberia and British Airways in their expansion project. However, the main players in this operation have already moved their pieces. Caja Madrid, Iberia’s most important shareholder, with around 23% of the company, has assured itself a [...]