CaixaBank expanded its presence during the first quarter of 2024 to 85 new Spanish rural towns, where until now there was no access to financial services from any entity.
In doing so, the entity expands its network presence to a total of 3,142 locations in Spain, either through the office network or through the deployment of office mobile phones and the installation of rural ATMs.
Specifically, between January and March 2024, CaixaBank reached a total of 798 cities covered by its mobile paths in offices, thanks to which clients of the entity and non-clients of the entity can carry out the most common banking operations, such as withdrawing cash, generating income and paying receipts and taxes.
In total, CaixaBank currently has 18 mobile offices, serving locations where more than 335,000 people reside.
Likewise, there are about 340 small towns that have access to financial services through self-service terminals.
To all this we must add CaixaBank’s extensive commercial network, the largest in the banking sector in Spain, with almost 4,000 branches and a presence in 2,233 municipalities, covering 92% of the country’s population.
The network’s capacity also extends to rural areas: a total of 1,835 branches and offices (equivalent to 45% of the total CaixaBank network) are located in cities with a population of less than 10,000 inhabitants, of which approximately 230 branches are in municipalities with a population of less than 1,000 inhabitants. Population. Of the 458 such centres, CaixaBank is the only entity currently in existence.
CaixaBank’s commitment to financial inclusion
CaixaBank is firmly committed to supporting financial inclusion and developing initiatives that facilitate access to appropriate financial services for all residents. With the most extensive branch network in Spain and its deep social mission, CaixaBank plays a crucial role in providing banking services to the entire population, including vulnerable groups and rural areas.
As of 2022, the coverage of CaixaBank’s financial services network has been expanded to include a total of 484 new municipalities in rural areas, where the entity had not had a presence until then and 90 of them have been identified, according to the Report on Finance. Inclusion in Spain”, as places with a population of more than 500 people and no access to financial services.
As part of the efforts of the entire banking sector in Spain, CaixaBank has covered approximately 40% of this total population.
Likewise, Caixa Bank’s commitment to inclusion is reflected in initiatives such as supporting rural economic development, taking measures to improve elderly care, creating specific financial services for vulnerable groups and education in cybersecurity and fraud prevention.
CaixaBank was recently named “Best Bank in the World for Community Support 2024” at the Sustainable Finance Awards, organized by North American magazine Global Finance, which certifies the institution as an international benchmark in sustainability and social contribution.
“Infuriatingly humble social media buff. Twitter advocate. Writer. Internet nerd.”
