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General Meeting Shareholders 2019

General Meeting of Shareholders

22 March 2019

Goirigolzarri: “Bankia has started 2019 with great sales momentum and has entered a growth phase”

  • In its 2018-2020 Strategic Plan, Bankia sets a target of acquiring 400,000 new customers and increasing its share of lending to households (to 12.6%) and companies (7.7%)
  • “Interest rate policies and the deleveraging of the Spanish private sector have exerted a relentless pressure on our recurring revenue,” said Bankia chairman José Ignacio Goirigolzarri, while emphasising that “2019 may see a break in that trend”
  • The General Meeting of Shareholders approved a proposal to increase the dividend by 5%, to 357 million euros
  • This year the bank will bring more than 200 new professionals into its workforce, including specialists in new technologies and additional staff for the sales network, with the aim of boosting business activity
  • With the capital generated in 2018, the ratio of highest quality capital has reached 13.8%, making Bankia the most solvent of the large Spanish banks
  • Bankia CEO José Sevilla highlighted the growth in higher value products, which has brought the bank’s market share to 5.57% in consumer finance, 7.42% in loans to businesses and 6.55% in mutual funds

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  • 2019 General Meeting of Shareholders - José Ignacio Goirigolzarri, Executive Chairman of Bankia.
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  • 2019 General Meeting of Shareholders - José Sevilla, Bankia's CEO.
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  • 2019 General Meeting of Shareholders - José Ignacio Goirigolzarri, Executive Chairman of Bankia.
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  • 2019 General Meeting of Shareholders: José Ignacio Goirigolzarri, Executive Chairman of Bankia.
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  • 2019 General Meeting of Shareholders.
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  • 2019 General Meeting of Shareholders - José Ignacio Goirigolzarri, Executive Chairman of Bankia.
    Enlarge Download image
  • 2019 General Meeting of Shareholders.
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