- Corporate information
The Fundación Bancaria Caixa d’Estalvis i Pensions de Barcelona, “la Caixa”, is the result of the transformation of Caixa d’Estalvis i Pensions de Barcelona, “la Caixa” into “la Caixa” Banking Foundation, in compliance with the Savings Banks and Banking Foundations Law, of 27 December 2013.
“la Caixa” was created in 1990 from the merger between Caja de Pensiones para la Vejez y de Ahorros de Cataluña y Baleares, founded in 1904, and Caja de Ahorros y Monte de Piedad de Barcelona, founded in 1844. From the start, the main activity of “la Caixa” was its dedication to family savings, and offering all its clients a pension insurance when this kind of benefit was not yet available in Spain.
Thus, from the beginning ”la Caixa” was characterized by a solid social commitment and a willingness to work for the common interest, both through their financial activities and through Obra Social, which funds and maintains activities of social, educational, cultural and scientific nature.
This vocation for service has been maintained throughout the years, and is strengthened by the creation of the Fundación Bancaria Caixa d’Estalvis i Pensions de Barcelona, ”la Caixa”.
The ”la Caixa” Banking Foundation will directly manage Obra Social, which has always defined ”la Caixa”, and will also group all the shareholding from ”la Caixa” in CriteriaCaixa: the main participation in CaixaBank and also participations in other financial, industrial and service companies.
The ”la Caixa” Banking Foundation maintains, strengthens and develops the fundamental areas of action for ”la Caixa” since it was founded: the financial area, the business area and the social area, the raison d'être.
For the 7th year in a row, the ”la Caixa” Banking Foundation is setting the Obra Social funds at €500M in 2014, which makes it the first private foundation in Spain and one of the most important in the world.