IWEC Founding Partner garners high praise.
CaixaBank reclaims its top position in the Spanish ranking for the sixth consecutive year and is acknowledged for the second time among the best banks on the European continent.
• In addition, the magazine Global Finance has acknowledged three CaixaBank projects in The Innovators 2020 awards, which recognise leading institutions driving innovation in the financial and banking sector.
CaixaBank, Spain’s leading retail bank, has been named Best Bank in Spain for the sixth consecutive year and Best Bank in Western Europe for the second time in the awards granted by the US magazine Global Finance.
The editors of the magazine, who take into account the opinion of analysts, consultants and executives from the banking sector worldwide when selecting the awarded institutions, have chosen CaixaBank from 150 countries around the world after considering many factors, such as growth of assets, market share, financial strength, financial return, strategic relationships, development of new business and innovation of banking products and services, among others.
The magazine highlights, among other aspects, CaixaBank’s sources of growth, its leading position in commercial banking in Spain and Portugal, and its firm commitment to digital transformation and innovation, which consolidate CaixaBank as a leading provider of solutions to alleviate the economic and social effects of the coronavirus crisis.
In this line, the bank has launched the #ByYourSideNowMoreThanEver initiative to stand by its customers, shareholders, employees and society as a whole in response to the coronavirus pandemic, with actions such as the extension of the mortgage moratorium, advances on the payment of pensions and unemployment benefits, writing off rent payments, a 3-month grace period for leasing contracts, as well as conceding €25 billion in preauthorised loans for SMEs and self-employed workers. In addition, social action initiatives such as online volunteer work and an emergency campaign with Food Banks, in conjunction with the “la Caixa” foundation, among many others, also formed part of the main initiative.
