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    CABK   ES0140609019

CAIXABANK, S.A.

(CABK)
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CaixaBank S A : Bankia customers can now proceed with their daily banking operations through CaixaBank's digital banking

11/14/2021 | 05:20am EST

José Ignacio Goirigolzarri and Gonzalo Gortázar

• All customers can view their updated account balances and banking position and proceed with banking transactions through CaixaBankNow and imagin.

• Bizum's money transfer services, and instant transfers to or from Bankia customers have already been restored.

• The ATM network and POS terminals in stores are operating as usual.

CaixaBank has completed the data migration process from the Bankia IT systems today Saturday 13th November, hours ahead of schedule, with CaixaBank digital banking services fully available for all Bankia-origin customers.

The bank had planned to open digital operations to Bankia-origin customers between the night of Saturday 13th and Sunday 14th, but the good progress of the technological integration process has allowed to restablish banking transactions before than expected.

Thus, Bankia-origin customers can now view their account balances and proceed with banking transactions through CaixaBankNow and imagin. Bankia's online banking has automatically been redirected to CaixaBank's.

Likewise, Bizum's money transfer services, and instant transfers to or from Bankia customers, which were suspended for some hours during the IT systems integration, have now been restored.

The ATM network and POS terminals in stores are seemlessly operating, as planned. Bankia customers who have withdrawn cash or made card purchases in the last hours can already see these transactions registered on their account balance through CaixaBank's digital banking and ATMs.

The IT systems integration will continue over the next few hours. After the Bankia-CaixaBank merger, all the commercial network will offer the same catalogue of products and services, and will operate from the same technological platform.

CaixaBank, Spain's leading bank

CaixaBank is the leading financial group in Spain. After its merger with Bankia, CaixaBank has assets for €685.74 billion, making it the largest bank in Spain, and placing it among the leading banks in Europe. CaixaBank also has a strong presence in Portugal, where it controls 100% of BPI.

The group, chaired by José Ignacio Goirigolzarri and with Gonzalo Gortázar as CEO, has around 21 million customers and the biggest commercial network in Spain and Portugal, with more than 6,000 branches and more than 15,000 ATMs, and it is the leader in digital banking, with 71.4% digital customers.

Disclaimer

CaixaBank SA published this content on 13 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2021 10:19:06 UTC.


© Publicnow 2021
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Financials
Sales 2021 10 238 M 11 610 M 11 610 M
Net income 2021 5 151 M 5 841 M 5 841 M
Net Debt 2021 - - -
P/E ratio 2021 4,21x
Yield 2021 4,82%
Capitalization 22 324 M 25 319 M 25 316 M
Capi. / Sales 2021 2,18x
Capi. / Sales 2022 2,07x
Nbr of Employees 50 980
Free-Float 53,3%
Chart CAIXABANK, S.A.
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CaixaBank, S.A. Technical Analysis Chart | CABK | ES0140609019 | MarketScreener
Technical analysis trends CAIXABANK, S.A.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 2,77 €
Average target price 3,06 €
Spread / Average Target 10,2%
EPS Revisions
Managers and Directors
Gonzalo Gortázar Rotaeche Chief Executive Officer & Executive Director
Javier Pano Riera Chief Financial Officer
José Ignacio Goirigolzarri Tellaeche Executive Chairman
Luis Javier Blas Agueros COO & Director-Media & Resources
Manuel Galarza Pont Director-Compliance & Control
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