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Get to know caja avila

Founded in 1878, Caja de Ahorros de Ávila was a regional savings bank ("caja de ahorros") that served the province of Ávila and surrounding areas in Spain. Its mission was focused on promoting savings and providing financial services to local families and businesses. As part of a major restructuring of the Spanish financial system following the 2008 crisis, Caja de Ávila merged with six other savings banks (including Caja Madrid and Bancaja) in 2010 to form the Banco Financiero y de Ahorros (BFA), which operated commercially under the brand name Bankia. In March 2021, Bankia was fully absorbed by CaixaBank, meaning all assets, operations, and legacy branches of Caja de Ávila are now part of CaixaBank.

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caja avila

Spain

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1878 (148 Years)

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BridgerPay

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Cyprus

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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