Caixabank contributed 18,872 million to the Spanish economy in 2024, 1.18% of GDP

This figure represents 1.18% of Spanish GDP, two basic points more than the previous year, “which reflects the relevance and strategic role of the bank, which has managed to increase its weight in a context of strong rebound in the economy of the country registered last year,” Caixabank reports in a statement.

Bank’s activity “has a direct impact on the employment of the significant country”, since the Caixabank template in Spain grew 14% in 2024, to reach the 41,304 professionals, compared to 36,225 of the previous year, and group level, the number of employees amounted to 46,014, which represents an increase of 2.6%.

In addition, the bank activity generated more than 68,777 direct and indirect jobs in Spain “through the multiplier purchase effect on suppliers,” explains the report.

Regarding the fiscal contribution, CaixaBank paid 3,593 million euros in direct taxes, indirectly indirect social security for exercise 2024, 88.8% more than the previous year, to which we must add the 2,559 million collected in the name of third parties.

According to the document, “CaixaBank maintains the most extensive offices network of the Spanish financial system, guaranteeing access to financial services in virtually the entire territory”, and ensures face -to -face attention in rural municipalities or with less population, being the only entity present with a bank office in 459 populations, textually.

Small municipalities

Currently, CaixaBank has 1,403 offices in populations of less than 10,000 inhabitants and has a presence in a total of 2,234 municipalities in Spain, which means that 92% of the Spanish population has coverage of an office in its municipality, and the entity is present in 99% of the municipalities of more than 5,000 inhabitants.

Last year, the entity approved a new sustainability plan for 2025-2027 with which it undertakes to mobilize 100,000 million euros in sustainable finances, while in the previous plan, from 2022 to 2024 86,770 million, “above the initial objective of 64,000 million” is mobilization.

With the new plan, the entity seeks to “face challenges such as inequality and climate change, as well as promoting a more sustainable economy and favoring economic and social development through the financing of renewable energy projects, clean mobility and efficient buildings.”

Caixabank is committed to the commercialization of products that integrate environmental, social and governance criteria, and boost activities that contribute to the transition to a low carbon economy and that are environmentally sustainable.

Emission reduction

The Bank also maintains its public objectives for 2030 CO2 emission reduction financed in high -intensity sectors in emissions, such as electric, oil and gas, automotive, iron and steel, agricultural, real estate, aviation and naval.

The entity has pledged to achieve emission neutrality by 2050, in line with its adhesion to the Banking Alliance for Net Zero Emissions (NZBA).

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Caixabank contributed 18,872 million to the Spanish economy in 2024, 1.18% of GDP