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Caja Mediterraneo HQ in Alicante |
Caja de Ahorros del Mediterráneo or CAM (Mediterranean Savings Bank) was savings bank in Valencia. Caja Mediterraneo is the result of the merger of 29 financial institutions involved in banking, insurance, pensions, real estate, investment and other financial services. The company served over 3.4 million clients through a network of around 1,200 branches throughout Spain. It is the first Spanish savings bank to issue public shares. CAM had foreign offices established in the UK, Switzerland, Poland, Netherlands, Costa Rica, Cuba, China, Morocco, Mexico, Dominican Republic and Miami, and operated several non-bank subsidiaries in the Cayman Islands. The Bank’s Miami agency provided commercial banking, private banking, and correspondent banking services targeted primarily at Spanish customers. As of 31 December 2011, Caja Mediterraneo had total assets of 70.805 billion euro.
In December 2011, Banco Sabadell acquired Caja de Ahorros del Mediterraneo for 1 Euro.
Key statistics
Founded | 1992 |
Total assets | €70.81 billion (2011) |
Employees | 7,295 (2011) |
Head office address:
San Fernando 40
Alicante, 03001
Spain
Former Caja Mediterraneo international branches
China | Oficina 0611 - Shanghai Unit J Floor 21 Pufa Tower, 588 South Pudong Road, Pudong New Area Shanghai 200120 |
Cuba | Oficina 0942 - La Habana (Havana) Centro de Negocios Miramar, Edificio Jerusalén. Of. 207, Calle 3 E/78 y 80, Miramar Playa, La Habana |
Dominican Republic | Oficina 0943 - Santo Domingo - República Dominicana Edf BDI-BLH. Mercado Financiero. Avda.Sarasota, 18 Sector La Julia Santo Domingo |
Mexico | Oficina 0610 - Cancún Global Cancún, Edificio B, despacho 101 - Av. Bonampak lote 73-1 mz 10, sm 3 Cancún, Quintana Roo, México (CP 77500) |
Morocco | Oficina 0927 - Casablanca 219 Boulevard Zerktouni Angle Roudani, 25 |
Poland | Oficina 0926 – Varsovia (Warsaw) Rondo Onz, 1 - 26th Floor (CP 00124) |
Switzerland | Oficina 0684 – Ginebra (Geneva) Rue de Lausanne 44 2º 1201 Ginebra |
United Kingdom | London Representative Office Oficina 0613 - Reino Unido 13 Charles II Street, London SW1Y 4QU |
USA | Oficina 0612 - Miami Brickell Avenue, 701 - Suite 1.750, Miami, Florida 33131 |