Cajas undergo profound transformation

Author (Person)
Series Title
Series Details 6.9.10
Publication Date 06/09/2010
Content Type

Article reports that Spain’s cajas de ahorros – the regional savings banks that have their roots in Roman Catholic 'Montes de Piedad', early microfinance institutions for the poor – are undergoing the biggest upheaval in their 175-year history as a result of the global crisis.

Related Links
ESO: Background information: Spain's cajas pay price of inaction http://www.europeansources.info/record/spains-cajas-pay-price-of-inaction/

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