CaixaBank has received the Global Finance award for best bank for SMEs in Spain and Western Europe. The institution granted over €10 billion to SMEs in the first semester.
According to catalunyapress.es, CaixaBank has been recognised by Global Finance as Best Bank for SMEs in Spain and Western Europe. The institution announced the award in a statement, linking it to its specialised model of attention to this segment.
In the first semester of the year, the bank granted over €10 billion in new financing to SMEs, through more than 80,000 operations. Its credit portfolio for this segment amounts to €46.213 billion, a 2.8% increase compared to a year earlier.
The network supporting this activity includes 212 centres dedicated to businesses and SMEs, 13 Real Estate Business centres, and more than 3,000 specialised workers spread across Spain. Additionally, it offers specific proposals for sectors such as agriculture, tourism, catering, pharmacy, and wellness.
The awarded proposal covers investment and working capital financing, factoring, confirming, foreign trade, treasury, payments and collections, currency, insurance, renting, and sustainable financing, along with specialised advice.
Among its key areas, CaixaBank places digital transformation. The institution plans to renew its specific application for SMEs and digitalise products, processes, and operations, aiming to give companies more autonomy in their usual management.
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