Caja Madrid
Caja Madrid, formally the Caja de Ahorros y Monte de Piedad de Madrid, headquartered in Madrid, was the oldest of the Spanish savings banks. It was founded on 3 December 1702, by Francisco Piquer Rodilla, an Aragonese priest. Caja Madrid was the regional-owned bank of the Community of Madrid (Comunidad de Madrid).
| Company type | Bank |
|---|---|
| Industry | Financial services and Insurance |
| Founded | 3 December 1702 |
| Founder | Francisco Piquer Rodilla |
| Defunct | 3 December 2010 |
| Fate | Merged to form Bankia in 2010 |
| Headquarters | Torre Caja Madrid, Madrid , Spain |
Key people | Rodrigo Rato (President) |
| Products | Consumer Banking Corporate Banking |
Net income | € 622.3 million (2009) |
Number of employees | 15,279 (2009) |
On 30 July 2010, Caja Madrid signed an agreement to merge with six other savings banks to form Bankia on 3 December 2010. Caja Madrid held a 52.6 percent controlling interest in the new company.
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