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Profile of suppliers

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Bankia has renewed, in 2018, the UNE 15896 Certificate of Management on value-added procurements management, which is the leading supranational standard promoting best corporate procurements practices across Europe and is a seal of excellence in purchasing. This is a key milestone for the bank as it was the first financial institution to obtain and keep this accreditation, which drives ongoing improvements, minimises risks, and ensures sustainability criteria are adhered to in procurements management.

During the past 2018, Bankia also consolidated the functioning of the Supplier Portal, an online work tool in the management of the rights that are translated into the entity and the companies, and where a relationship of transparency, impartiality and equality of opportunities prevails . Likewise, the entity considers as a requirement that the companies comply with the approval process as a previous step to a type of commercial relationship.

Bankia, in the processes of management of approved suppliers, is committed to the diversification of business among local, national and international suppliers, so as to favor the generation of wealth in a balanced manner. During 2018, the total volume of purchases, revenues of 1,198 million euros, those of around 1,158 million euros corresponded to domestic suppliers and some 40 million euros were from foreign suppliers.

In terms of results, Bankia continued to improve the efficiency of its processes and in 2018 the average payment of invoices to suppliers stood at 8.88 days compared to 9.95 media users in 2017 or 10.45 days 2016.

DISTRIBUTION OF SUPPLIERS BY AUTONOMOUS COMMUNITY

Profile suppliers distribution SMES autonomous community

CLASSIFICATION OF APPROVED SUPPLIERS

Classification of approved suppliers

CLASSIFICATION OF ACTIVE SUPPLIERS BY SECTOR

Classification of active suppliers by sector


SMES THAT ARE ACTIVE SUPPLIERS

Smes that are active suppliers

ACTIVE SUPPLIERS BY SCOPE

Active suppliers by scope

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