Abanca

Abanca: Leading bank in international services

Abanca Banking CorporationBased in Betanzos (A Coruña), it is a Spanish bank founded in 2014 after its acquisition by Banesco. It offers key services in foreign trade and global expansion from offices in Portugal, Miami, Mexico, and Geneva. Its relevance lies in supporting Spanish companies in cross-border operations with specialized products.

1. Presentation and Activity

Abanca manages assets worth €83.847 billion (2024), with 882 branches and 8.163 employees, positioning itself as the seventh largest Spanish bank. Its mission integrates responsible and sustainable banking, focused on international Business for non-resident clients. The main international activity encompasses foreign trade, global business strategies, and cross-border risk management.

2. Key Services for Internationalization

The area of International BusinessLed by Alfonso Caruana, the firm designs strategies for foreign trade products and non-resident clients. Its services include financing global transactions, risk management, and support for middle-market M&A.

• Products for foreign trade: confirmings, letters of credit and international guarantees.
• Services for non-residents in offices in Portugal, USA, Mexico and Switzerland.
• Advice on fintech start-ups and cross-border operations.

These services facilitate the expansion of Spanish companies abroad.

3. Global Presence and Countries of Operation

Abanca operates physical offices in Portugal, Miami (USA), Mexico and Geneva (Switzerland)In addition to its network in Spain, this model supports the retention and acquisition of international clients with efficient cost management.

4. Clients and Success Stories

We cater to companies of all sizes and sectors, with a focus on expanding Spanish SMEs and corporations. Our clients include businesses with global financing needs and international trade; key sectors include export, real estate, and fintech.

• Non-resident clients in international offices.
• Galician and Spanish companies in Latin America and Europe.

5. Contact and Additional Information

Website: www.abanca.comLanguages: Spanish, English, Portuguese, and others in global offices. Key differentiator: Omnichannel banking integration with a focus on sustainability and social responsibility.

Key points and frequently asked questions about Abanca

Q1: What services does Abanca offer for foreign trade? Business strategies, financing and risk management for non-residents.

Q2: Where does Abanca operate internationally? Offices in Portugal, Miami, Mexico and Geneva.

Q3: What is the size of Abanca? €83.847M in assets, 882 offices (2024).