Automatically translated from Basque, translation may contain errors. More information here. Elhuyarren itzultzaile automatikoaren logoa

Kutxabank signs an agreement with the Madrid investment bank Alantra as part of the new "growth" strategy

  • Kutxabank has taken the step of entering the investment bank sector and has signed an agreement with one of the main players in the sector in the Spanish and European state, Alantra society. This would be a greater presence in the "business market".
Kutxabanken Bilboko egoitza. Geografikoki haztea da orain pribatizaturiko bankuaren helburu nagusietako bat. Argazkia: Bilbaopedia

13 July 2023 - 09:53
Last updated: 11:32

Two months ago, President Kutxabank, Anton Arriola, drew the new trajectory of the financial institution: "We have to grow, we have to grow beyond the borders of the Basque Country." And it seems I didn't lie. Alantra has just signed an agreement with one of the main investment banks of the Spanish State, excluding the multinational investment banks.

We have read the news in El Diario Vasco. The aim would be to increase the number of games in the "business market", with the support of this company that manages mergers, purchases and financing operations.

So far, Kutxabank has carried out these operations through Norbolsa, a company in which he participates, but as he wants to play the older one, "we have to grow geographically and through the activities", he has made a deal with the investment bank of Madrid.

Alantra also specialises in venture capital investments and has relevant clients in this field such as the Israeli cybersecurity company Panorays

Wire has almost five hundred workers in its offices spread over 21 countries. It specialises in venture capital investments and has significant clients in this field. In March 2023, for example, it purchased a stake from the Israeli company Panorays, which does cybersecurity business through its venture capital subsidiary 33N Ventures.

Internal changes

The signing of agreements with investment banks has not been Kutxabank’s only measure in its new strategy. The managers of the retail business and the business network have changed, as communicated last week by note.

The Territorial Directorate of this matter in Álava, Bizkaia and Gipuzkoa has renewed the privatized banks after the merger of the public savings banks, within its "strategic objective of growth and improved profitability".

 


You are interested in the channel: Ekonomia
2025-04-04 | ARGIA
A worker dies falling from a work in Agoitz
The incident took place on Thursday and SOS Navarre was informed that it was about to hit 16:00 hours. The doctor, the ambulance and the Foral are for him, but they have not been able to recover the man and he dies there.

2025-04-04 | Euskal Irratiak
Beñat Molimos: “Herritarren babesari esker du Laborantza Ganbarak iraun hogei urte hauetan”

Euskal Herriko Laborantza Ganberak hogei urte bete ditu. 2005ean sorturik, bataila anitzetatik pasa da Ainiza-Monjoloseko erakundea. Epaiketak, sustengu kanpainak edota Lurramaren sortzea, gorabehera ainitz izan ditu hogei urtez.


The Education Department and trade unions will meet on Friday, and the Government expresses its desire to reach an agreement
The meeting was convened by the Department of Education of the Basque Government the day after the second coup of the strike cycle launched in January by public education teachers from Álava, Bizkaia and Gipuzkoa.The minister, Begoña Pedrosa, has expressed his "desire to reach... [+]

Trump will impose tariffs of between 10% and 50% on countries around the world: “We Will Make America Rich Again”
A global tariff of 10% for the whole world will be imposed by the Donald Trump administration, which will further tax imports from several countries, including China (34%) and the EU (20%). But the countries of the Global South will be the most affected: Lesotho (50 per cent),... [+]

Gizonak frontera, emakumeak zubira

Londres, 1944. Dorothy izeneko emakume bati argazkiak atera zizkioten Waterloo zubian soldatze lanak egiten ari zela. Dorothyri buruz izena beste daturik ez daukagu, baina duela hamar urte arte hori ere ez genekien. Argazki sorta 2015ean topatu zuen Christine Wall... [+]


Ruins of Resa in Andosilla
In the wake of the old border of the Ebro
In the town of Andosilla, in the Ribera de Navarra, archaeologists and groups of citizen volunteers from Aranzadi are carrying out an archaeological excavation that is giving many surprises. In the site of Resa, they have found, among other things, clues to better understand the... [+]

2025-04-02 | June Fernández
Meloi saltzailea
Zedarriak

Bizitza erdigunean jartzeko abagunea ikusi genuen feministok zein ekologistok Covid-19 pandemia garaian. Ez ginen inozoak, bagenekien boteretsuak eta herritar asko gustura itzuliko zirela betiko normaltasunera. Bereziki, konfinamendu samurra pasa zutenak haien txaletetan edo... [+]


Bridgestone wants to lay off 335 workers from the Basauri plant
The regulatory report that the Japanese multinational wants to make will affect more than a third of the plant’s workers. Luis Escalona, a member of the company’s board, said it was “an attack on the workers” and announced that they will be making work stoppages.

Also on Wednesday the teachers will camp in the Lake, since the government will not negotiate "until the mobilizations are finished"
LARA has been informed that between 40 and 50 teachers have spent the night on the meadow opposite the headquarters of the Basque Government in Lakua. A dozen members have been identified by the local police at midnight. Today’s call for strikes has been followed by 75%... [+]

Re-ignited debate on a farm plot in Arbona
The controversy is triggered by a video posted on social networks by former elected Kriztian Borda and member of the Lurzaindia association. Borda denounces that the farmland in Arbona is "in danger" and reports that the People's House of Arbona has decided to sell its sports... [+]

2025-04-01 | Gedar
On May 1st of this year, the EHKS also calls for the streets of Bilbao
It will be mobilized "against the imperialist war and the rearmament of the European states" on International Workers' Day.

STEILAS and LAB report that the Department of Education has cancelled the technical meeting they had convened today
The Department of Education has explained to the EITB that the resources that must be available in each center should be dealt with at the negotiating table, as part of the negotiations in the technical assemblies. Tomorrow and the day after, teachers from public schools in the... [+]

The lobbies of arms (including those of the Basque Country) want to take us to war

At the end of June we finished the first parts of the book Conversión de la industria militar en Euskal Herria para no fabricar más guerras (Adaptation of the arms industry in the Basque Country so as not to create more wars) La guerra is coming! It explores and investigates... [+]


Eguneraketa berriak daude