
Caixa Rural Galega is a financial institution that has been serving the Galician region for decades. It was founded in 1967 and has since become a leading provider of banking services in the area.
Caixa Rural Galega offers a range of financial products and services, including loans, deposits, and credit cards. These products are designed to meet the specific needs of the local community.
The bank has a strong presence in the region, with a network of branches and ATMs that provide easy access to its services.
What is Caixa Rural Galega
Caixa Rural Galega is a cooperative bank founded in 1966 in Lugo, Galiza, Spain. It's a unique institution in the region, as it's the only Galician financial institution that's wholly locally owned.
The bank has about 15,000 members, who own and operate it. This membership structure is a key part of its cooperative model.
Caixa Rural Galega offers a range of services, including retail banking and insurance. Its headquarters are still located in Lugo, where it was first founded.
Here are the locations of Caixa Rural Galega's branches, broken down by province:
The bank made a profit of 3 million euros in 2016, which is a testament to its financial stability.
Details
Caixa Rural Galega is a network of 18 credit unions with a long history in Galicia, Spain.
The credit unions were created in the late 19th century to provide financial services to rural communities.
Caixa Rural Galega has a strong presence in Galicia, with a large number of branches and employees.
History and Features
The details of something can be fascinating, but have you ever stopped to think about the history behind them? Details have been a part of human history for centuries.
The concept of details has evolved over time, from ancient civilizations to modern-day technology.
In the past, details were often recorded by hand, which made them prone to errors and inconsistencies.
The invention of the printing press in the 15th century revolutionized the way details were recorded and disseminated.
Today, details are often created and shared digitally, making it easier to access and verify them.
Swift Code Details
Swift Code Details are made up of a combination of letters and numbers that identify a specific bank and branch. Bank codes are usually a shortened version of the bank's name, with 4 letters.

Country codes represent the country the bank is in, and are made up of 2 letters. This is important for international transactions, as it ensures the money is sent to the correct country.
Location codes are used to identify where the bank's head office is, and are made up of 2 characters that can be letters or numbers. This helps to narrow down the location of the bank.
Branch codes specify a particular branch of the bank, and are made up of 3 digits. 'XXX' represents the bank's head office, so if you see this code, it means the transaction is going to the main branch.
Here's a breakdown of the Swift Code details:
- Bank Code: 4 letters (e.g. CAIX)
- Country Code: 2 letters (e.g. GA)
- Location Code: 2 characters (e.g. 12)
- Branch Code: 3 digits (e.g. 123)
Performance
Caixa Rural Galega has been on a steady upward trend, and 2018 was no exception. The entity achieved a record-breaking profit of 5.4 million euros.
The bank's deposits from customers increased by a significant 9.45% and their investment in credit grew by 11%. This is a remarkable feat, especially considering the challenging economic environment.
The president of Caixa Rural Galega, Manuel Varela, described the 2018 exercise as the most successful in the bank's history, despite the difficulties faced, such as economic uncertainty and low interest rates.
The bank's focus on its network of offices and personal attention has paid off, as it has not closed any of its existing offices, and even opened a new one in Pontevedra in 2018.
Over 1,300 offices were closed in 2018 alone, and nearly 20,000 offices have been closed nationwide over the past 10 years.
Sources
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