Concept selected: Savings banks

Definition

Savings banks are companies with a foundational structure and of a private legal nature, which carry out a banking activity. The administrative authorisation for its constitution is similar to that of the banks.
A minimum provisional fund is necessary that depends on the volume of the population of the municipalities where they operate.
These are currently associated in the Spanish Confederation of Savings Banks. A portion of their profits is dedicated to corporate activities (libraries, study grants, etc.).

Source

Surveys Mercantile Companies and Bankruptcy Proceedings

Topic

Statistical operations

(enlaces al Inventario de Operaciones Estadísticas)

Concepts associated

    There are no related concepts


Back     Print