Banco Cooperativo Espanõl

Banco Cooperativo Español S.A. (BCE) was set up in Madrid in 1990 as a financial entity offering a wide range of retail/wholesale banking services to the Cajas Rurales (Rural Cooperative Banks) that are associated under the Asociación Española de Cajas Rurales (AECB). Cajas Rurales had €4.4 billion in aggregate equity at the end of 2012. Although BCE provides services to non-members, its priority lies with serving its shareholders and improving the quality of its services.

The bank, which employs more than 200 people, is owned by 41 Cajas Rurales and by the German DZ Bank. It plays an important role in providing many of the services of a central bank to its owners, acting as an intermediary in most of its activities, which are conducted on behalf of the member banks. BCE has been adapting its services to the changing needs of the AECR Banks. Through the continuous development of value added products, it focuses on helping its shareholders achieve economies of scale and to pursue business opportunities.

Its main activity is to channel liquidity from and to the Cajas Rurales, providing access to the ECB funding and issuing state-guaranteed debt on behalf of the member banks. In addition, it coordinates the AECR’s financial policy, acts as an agent bank for syndicated loans, manages the clearing and payment systems and provides international banking services. Moreover, it actively coordinates loan securitisation by the Cajas Rurales, offers asset and liability management (ALM) services, and gives support to other commercial activity.



Banco Cooperativo Español
Antonio Mudarra
Virgen de los Peligros 4E
28013 Madrid

Tel.: +34-91-595.67.07