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Local and rural development

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341 foundations and associations

have been supported through the local and rural development programmes.

One of the priorities of Bankia’s social investment is to spread the contributions as far as possible across different projects throughout Spain.

The focus is on supporting development in the areas where the bank’s customers are and generating activity, assistance and employment in unpopulated areas.

FOUNDATIONS

Bankia has issued calls for applications for aid programmes aimed at increasing the employability of the most vulnerable people in society, with more than 1.96 million euros of funding to support 341 associations, working with the following foundations:

  • In Madrid, with Fundación Montemadrid (77 projects).
  • In the Valencian Community, with Fundación Bancaja (51) and Fundación Caja Castellón (47).
  • In Castilla y León, with Fundación Caja de Ávila (42) and Fundación Caja Segovia (44).
  • In the Canary Islands, with Fundación La Caja de Canarias (40).
  • In La Rioja, with Fundación Caja Rioja (22).
  • In Catalonia, with Fundación Iluro (8).

Bankia’s Red Solidaria programme is another important part of the bank’s social projects. Through Red Solidaria the bank’s professionals themselves choose NGOs close to their branches, which they can support with up to 10,000 euros, depending on their achievement of objectives. In 2017 the investment through this programme reached 1.4 million euros, providing support for more than 166,000 people and 252 foundations and not-for-profit associations.

Lastly, Bankia’s solidarity initiatives also involve young people. Each year, through the “Historias en Red” competition, the bank chooses the most original volunteering projects submitted by students aged 16 to 25. In 2017, submissions were received from 59 teams, from which eight initiatives were selected, each of which received more than 3,000 euros.

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