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 Laboral Kutxa Central Office | |
| Industry | Financial services |
|---|---|
| Predecessor | Caja Laboral, Ipar Kutxa |
| Founded | 2012 |
| Headquarters | , |
Number of locations | 380 branches |
Key people | |
| Products | Retail, corporate, investment banking and private banking, insurance, asset management, private equity |
| 36.7 million euros (2013 First Quarter) | |
| Total assets | 24,400 million euros |
Number of employees | 2,235 (2013) |
| Website | www |
Laboral Kutxa is a Basque credit union that provides banking, savings and investment services.
It was created in March 2012 as a result of the merger of two smaller credit unions. The Caja Laboral Popular Sociedad Cooperativa de Crédito (known as Caja Laboral in Spanish or Euskadiko Kutxa in Basque) and Ipar Kutxa Rural Sociedad Cooperativa de Crédito (known as Ipar Kutxa). The merger project was announced in March 2012[1] and completed eight months later, in September 2012, with an officially launch in April 2013.
As of 2013[update], it is also the third largest financial institution in the Basque Country (after Kutxabank and BBVA).
- ^ "Caja Laboral and Ipar Kutxa enter into talks over a joint cooperative project". Mondragon Corporation. 20 March 2012. Retrieved 25 March 2013.